Sophia Sommer

(602) 512-9825
The Sommer Group
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$689,958$689,958$742,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$52,542$0
Funding fee$3,450$3,450$0
Note rate6.760%6.760%7.400%
Blended rate6.760%6.919%7.640%
1st payment$4,544.84$4,544.84$5,140.92
2nd payment$0.00$394.06$0.00
Taxes / mo$234.75$234.75$234.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,996.26$5,390.32$5,740.84
Cash to close$135,042$82,500$82,500