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$167,826$167,826$328,500
Remaining term (yrs)19.119.130.0
Secondary amount$0$160,674$0
Funding fee$839$839$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.379%7.640%
1st payment$946.45$946.45$2,274.47
2nd payment$0.00$1,071.16$0.00
Taxes / mo$136.92$136.92$136.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$370.00$370.00$370.00
Total monthly$1,603.36$2,674.52$2,997.08
Cash to close$197,174$36,500$36,500