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$259,602$259,602$274,275
Remaining term (yrs)26.226.230.0
Secondary amount$0$29,910$0
Funding fee$1,298$1,298$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.333%7.640%
1st payment$1,769.14$1,769.14$1,899.02
2nd payment$0.00$295.99$0.00
Taxes / mo$116.33$116.33$116.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.86
HOA / mo$0.00$0.00$0.00
Total monthly$2,035.48$2,331.46$2,220.21
Cash to close$45,148$15,238$30,475