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$210,684$210,684$283,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$72,816$0
Funding fee$1,053$1,053$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.876%7.640%
1st payment$1,086.47$1,086.47$1,962.90
2nd payment$0.00$546.12$0.00
Taxes / mo$153.08$153.08$153.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$93.00$93.00$93.00
Total monthly$1,482.56$2,028.68$2,415.68
Cash to close$104,316$31,500$31,500