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$436,794$436,794$495,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$58,206$0
Funding fee$2,184$2,184$0
Note rate6.460%6.460%7.400%
Blended rate6.460%6.759%7.640%
1st payment$2,759.50$2,759.50$3,427.28
2nd payment$0.00$436.54$0.00
Taxes / mo$168.33$168.33$168.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$139.00$139.00$139.00
Total monthly$3,233.50$3,670.04$4,000.28
Cash to close$113,206$55,000$55,000