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$328,835$328,835$454,499
Remaining term (yrs)25.025.030.0
Secondary amount$0$125,664$0
Funding fee$1,644$1,644$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.267%7.640%
1st payment$1,528.65$1,528.65$3,146.86
2nd payment$0.00$837.76$0.00
Taxes / mo$144.92$144.92$144.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$48.33$48.33$48.33
Total monthly$1,888.56$2,726.32$3,597.67
Cash to close$176,164$50,500$50,500