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$504,811$504,811$539,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$35,188$0
Funding fee$2,524$2,524$0
Note rate4.670%4.670%7.400%
Blended rate4.670%4.952%7.640%
1st payment$2,811.07$2,811.07$3,738.84
2nd payment$0.00$263.91$0.00
Taxes / mo$96.33$96.33$96.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$13.00$13.00$13.00
Total monthly$3,087.07$3,350.98$4,122.84
Cash to close$95,188$60,000$60,000