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$440,871$440,871$855,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$414,129$0
Funding fee$2,204$2,204$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.543%7.640%
1st payment$2,283.39$2,283.39$5,919.85
2nd payment$0.00$2,674.59$0.00
Taxes / mo$283.56$283.56$283.56
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,783.61$5,458.20$6,591.07
Cash to close$509,129$95,000$95,000