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$374,757$374,757$616,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$241,743$0
Funding fee$1,874$1,874$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.136%7.640%
1st payment$1,843.05$1,843.05$4,268.52
2nd payment$0.00$1,561.26$0.00
Taxes / mo$155.00$155.00$155.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$126.00$126.00$126.00
Total monthly$2,290.71$3,851.97$4,839.49
Cash to close$310,243$68,500$68,500