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$267,869$267,869$287,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$35,181$0
Funding fee$1,339$1,339$0
Note rate2.750%2.750%7.400%
Blended rate2.750%3.809%7.640%
1st payment$1,224.41$1,224.41$1,987.82
2nd payment$0.00$348.14$0.00
Taxes / mo$187.08$187.08$187.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$79.00$79.00$79.00
Total monthly$1,640.49$1,988.63$2,461.33
Cash to close$51,131$15,950$31,900