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$917,805$917,805$895,499
Remaining term (yrs)28.528.530.0
Secondary amount$0$27,444$0
Funding fee$4,589$4,589$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.035%7.640%
1st payment$6,129.95$6,129.95$6,200.25
2nd payment$0.00$271.58$0.00
Taxes / mo$362.42$362.42$362.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$200.00$200.00$200.00
Total monthly$6,909.03$7,180.61$7,158.44
Cash to close$77,194$49,750$99,500