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$437,802$437,802$445,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$32,448$0
Funding fee$2,189$2,189$0
Note rate5.130%5.130%7.400%
Blended rate5.130%5.595%7.640%
1st payment$2,539.83$2,539.83$3,084.55
2nd payment$0.00$321.10$0.00
Taxes / mo$168.75$168.75$168.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$68.25$68.25$68.25
Total monthly$2,943.50$3,264.60$3,577.32
Cash to close$57,198$24,750$49,500