Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$158,654$158,654$214,200
Remaining term (yrs)24.624.630.0
Secondary amount$0$55,546$0
Funding fee$793$793$0
Note rate3.040%3.040%7.400%
Blended rate3.040%4.586%7.640%
1st payment$760.76$760.76$1,483.08
2nd payment$0.00$416.59$0.00
Taxes / mo$76.00$76.00$76.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.84
HOA / mo$0.00$0.00$0.00
Total monthly$986.76$1,403.36$1,751.92
Cash to close$79,346$23,800$23,800