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$210,072$210,072$584,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$374,838$0
Funding fee$1,050$1,050$0
Note rate3.020%3.020%7.400%
Blended rate3.020%6.051%7.640%
1st payment$1,026.29$1,026.29$4,049.80
2nd payment$0.00$2,420.83$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$30.00$30.00$30.00
Total monthly$1,430.04$3,850.87$4,570.53
Cash to close$439,828$64,990$64,990