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$441,788$441,788$445,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$28,462$0
Funding fee$2,209$2,209$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.684%7.640%
1st payment$2,812.81$2,812.81$3,084.55
2nd payment$0.00$281.66$0.00
Taxes / mo$121.92$121.92$121.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$56.67$56.67$56.67
Total monthly$3,158.06$3,439.72$3,518.91
Cash to close$53,212$24,750$49,500