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$305,446$305,446$463,410
Remaining term (yrs)23.223.230.0
Secondary amount$0$157,964$0
Funding fee$1,527$1,527$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.100%7.640%
1st payment$1,613.99$1,613.99$3,208.56
2nd payment$0.00$1,053.09$0.00
Taxes / mo$133.75$133.75$133.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,914.41$2,967.50$3,601.66
Cash to close$209,454$51,490$51,490