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$71,073$71,073$224,910
Remaining term (yrs)11.311.330.0
Secondary amount$0$153,837$0
Funding fee$355$355$0
Note rate5.960%5.960%7.400%
Blended rate5.960%7.355%7.640%
1st payment$716.38$716.38$1,557.23
2nd payment$0.00$1,025.58$0.00
Taxes / mo$53.58$53.58$53.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$919.96$1,945.54$1,805.80
Cash to close$178,827$24,990$24,990