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$468,993$468,993$472,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,757$0
Funding fee$2,345$2,345$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.692%7.640%
1st payment$2,776.52$2,776.52$3,271.49
2nd payment$0.00$294.48$0.00
Taxes / mo$247.42$247.42$247.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$136.00$136.00$136.00
Total monthly$3,326.61$3,621.08$3,916.08
Cash to close$56,007$26,250$52,500