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$168,991$168,991$234,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$65,009$0
Funding fee$845$845$0
Note rate3.760%3.760%7.400%
Blended rate3.760%5.216%7.640%
1st payment$857.81$857.81$1,620.17
2nd payment$0.00$487.57$0.00
Taxes / mo$65.25$65.25$65.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,073.06$1,560.63$1,882.22
Cash to close$91,009$26,000$26,000