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$365,404$365,404$476,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$110,696$0
Funding fee$1,827$1,827$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.508%7.640%
1st payment$1,797.05$1,797.05$3,296.42
2nd payment$0.00$737.97$0.00
Taxes / mo$197.08$197.08$197.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$36.00$36.00$36.00
Total monthly$2,196.80$2,934.77$3,791.39
Cash to close$163,596$52,900$52,900