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$329,012$329,012$899,910
Remaining term (yrs)8.98.930.0
Secondary amount$0$570,898$0
Funding fee$1,645$1,645$0
Note rate2.520%2.520%7.400%
Blended rate2.520%5.838%7.640%
1st payment$3,408.10$3,408.10$6,230.80
2nd payment$0.00$3,687.05$0.00
Taxes / mo$270.33$270.33$270.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.98
HOA / mo$110.00$110.00$110.00
Total monthly$4,005.10$7,692.15$7,007.78
Cash to close$670,888$99,990$99,990