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$343,645$343,645$854,999
Remaining term (yrs)23.723.730.0
Secondary amount$0$511,354$0
Funding fee$1,718$1,718$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.933%7.640%
1st payment$1,724.34$1,724.34$5,919.84
2nd payment$0.00$3,302.50$0.00
Taxes / mo$201.08$201.08$201.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,142.09$5,444.59$6,508.59
Cash to close$606,354$95,000$95,000