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$236,821$236,821$313,200
Remaining term (yrs)24.724.730.0
Secondary amount$0$76,379$0
Funding fee$1,184$1,184$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.433%7.640%
1st payment$1,123.18$1,123.18$2,168.53
2nd payment$0.00$572.84$0.00
Taxes / mo$184.08$184.08$184.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.64
HOA / mo$28.33$28.33$28.33
Total monthly$1,485.60$2,058.44$2,593.59
Cash to close$111,179$34,800$34,800