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$237,529$237,529$390,600
Remaining term (yrs)27.727.730.0
Secondary amount$0$153,071$0
Funding fee$1,188$1,188$0
Note rate7.100%7.100%7.400%
Blended rate7.100%7.453%7.640%
1st payment$1,633.04$1,633.04$2,704.44
2nd payment$0.00$1,020.48$0.00
Taxes / mo$226.58$226.58$226.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.12
HOA / mo$93.00$93.00$93.00
Total monthly$2,102.62$3,123.10$3,252.14
Cash to close$196,471$43,400$43,400