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$513,993$513,993$674,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$160,107$0
Funding fee$2,570$2,570$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.111%7.640%
1st payment$2,383.86$2,383.86$4,667.33
2nd payment$0.00$1,067.38$0.00
Taxes / mo$256.08$256.08$256.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$110.00$110.00$110.00
Total monthly$2,966.61$4,033.99$5,384.90
Cash to close$235,007$74,900$74,900