Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$154,187$154,187$369,000
Remaining term (yrs)15.915.930.0
Secondary amount$0$214,813$0
Funding fee$771$771$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.049%7.640%
1st payment$1,063.74$1,063.74$2,554.88
2nd payment$0.00$1,387.33$0.00
Taxes / mo$252.67$252.67$252.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,466.41$2,853.74$3,031.35
Cash to close$255,813$41,000$41,000