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$381,831$381,831$499,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$117,669$0
Funding fee$1,909$1,909$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.048%7.640%
1st payment$1,814.96$1,814.96$3,458.44
2nd payment$0.00$784.46$0.00
Taxes / mo$206.58$206.58$206.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$108.00$108.00$108.00
Total monthly$2,296.21$3,080.67$4,039.59
Cash to close$173,169$55,500$55,500