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$605,834$605,834$629,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$58,216$0
Funding fee$3,029$3,029$0
Note rate6.870%6.870%7.400%
Blended rate6.870%7.309%7.640%
1st payment$4,069.57$4,069.57$4,355.76
2nd payment$0.00$576.10$0.00
Taxes / mo$192.83$192.83$192.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,429.07$5,005.17$4,841.08
Cash to close$93,166$34,950$69,900