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$152,551$152,551$288,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$135,449$0
Funding fee$763$763$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.203%7.640%
1st payment$714.83$714.83$1,994.05
2nd payment$0.00$902.99$0.00
Taxes / mo$93.33$93.33$93.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$23.00$23.00$23.00
Total monthly$981.17$1,884.16$2,317.99
Cash to close$167,449$32,000$32,000