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$323,902$323,902$341,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$37,003$0
Funding fee$1,620$1,620$0
Note rate2.800%2.800%7.400%
Blended rate2.800%3.730%7.640%
1st payment$1,492.22$1,492.22$2,367.32
2nd payment$0.00$366.18$0.00
Taxes / mo$98.25$98.25$98.25
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$68.38
HOA / mo$48.33$48.33$48.33
Total monthly$1,638.80$2,004.98$2,582.28
Cash to close$55,998$18,995$37,990