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$609,109$609,109$765,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$155,891$0
Funding fee$3,046$3,046$0
Note rate6.930%6.930%7.400%
Blended rate6.930%7.148%7.640%
1st payment$4,095.77$4,095.77$5,296.71
2nd payment$0.00$1,039.27$0.00
Taxes / mo$341.92$341.92$341.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$181.00$181.00$181.00
Total monthly$4,835.35$5,874.63$6,189.29
Cash to close$240,891$85,000$85,000