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$371,367$371,367$674,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$302,733$0
Funding fee$1,857$1,857$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.128%7.640%
1st payment$1,747.42$1,747.42$4,667.33
2nd payment$0.00$1,955.15$0.00
Taxes / mo$336.33$336.33$336.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,300.42$4,255.57$5,355.15
Cash to close$377,633$74,900$74,900