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$144,721$144,721$346,500
Remaining term (yrs)21.021.030.0
Secondary amount$0$201,779$0
Funding fee$724$724$0
Note rate3.830%3.830%7.400%
Blended rate3.830%6.113%7.640%
1st payment$832.45$832.45$2,399.10
2nd payment$0.00$1,303.16$0.00
Taxes / mo$125.83$125.83$125.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,108.28$2,411.44$2,744.23
Cash to close$240,279$38,500$38,500