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$373,447$373,447$517,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$144,053$0
Funding fee$1,867$1,867$0
Note rate2.780%2.780%7.400%
Blended rate2.780%4.233%7.640%
1st payment$1,769.84$1,769.84$3,583.07
2nd payment$0.00$960.35$0.00
Taxes / mo$147.75$147.75$147.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$125.00$125.00$125.00
Total monthly$2,209.26$3,169.61$4,125.98
Cash to close$201,553$57,500$57,500