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$473,272$473,272$657,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$183,728$0
Funding fee$2,366$2,366$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.912%7.640%
1st payment$3,128.64$3,128.64$4,548.94
2nd payment$0.00$1,224.85$0.00
Taxes / mo$168.83$168.83$168.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$420.00$420.00$420.00
Total monthly$3,934.14$5,158.99$5,485.84
Cash to close$256,728$73,000$73,000