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$643,371$643,371$809,730
Remaining term (yrs)27.927.930.0
Secondary amount$0$166,359$0
Funding fee$3,217$3,217$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.118%7.640%
1st payment$4,325.90$4,325.90$5,606.41
2nd payment$0.00$1,109.06$0.00
Taxes / mo$395.42$395.42$395.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.95
HOA / mo$173.33$173.33$173.33
Total monthly$5,111.31$6,220.37$6,553.77
Cash to close$256,329$89,970$89,970