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$383,772$383,772$390,600
Remaining term (yrs)25.625.630.0
Secondary amount$0$28,528$0
Funding fee$1,919$1,919$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.694%7.640%
1st payment$2,025.69$2,025.69$2,704.44
2nd payment$0.00$282.31$0.00
Taxes / mo$195.67$195.67$195.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,371.36$2,653.67$3,128.22
Cash to close$50,228$21,700$43,400