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$46,856$46,856$791,100
Remaining term (yrs)17.517.530.0
Secondary amount$0$744,244$0
Funding fee$234$234$0
Note rate6.640%6.640%7.400%
Blended rate6.640%7.684%7.640%
1st payment$376.92$376.92$5,477.42
2nd payment$0.00$4,806.58$0.00
Taxes / mo$348.25$348.25$348.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.22
HOA / mo$132.00$132.00$132.00
Total monthly$1,073.84$5,880.41$6,332.55
Cash to close$832,144$87,900$87,900