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$578,141$578,141$855,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$276,859$0
Funding fee$2,891$2,891$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.423%7.640%
1st payment$2,728.57$2,728.57$5,919.85
2nd payment$0.00$1,788.05$0.00
Taxes / mo$229.58$229.58$229.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$76.67$76.67$76.67
Total monthly$3,251.49$5,039.54$6,613.77
Cash to close$371,859$95,000$95,000