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$52,448$52,448$549,000
Remaining term (yrs)3.63.630.0
Secondary amount$0$496,552$0
Funding fee$262$262$0
Note rate7.840%7.840%7.400%
Blended rate7.840%7.759%7.640%
1st payment$1,348.99$1,348.99$3,801.17
2nd payment$0.00$3,206.90$0.00
Taxes / mo$183.83$183.83$183.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$48.67$48.67$48.67
Total monthly$1,748.16$4,955.06$4,310.14
Cash to close$557,552$61,000$61,000