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$181,515$181,515$733,500
Remaining term (yrs)16.516.530.0
Secondary amount$0$551,985$0
Funding fee$908$908$0
Note rate3.510%3.510%7.400%
Blended rate3.510%6.701%7.640%
1st payment$1,200.07$1,200.07$5,078.61
2nd payment$0.00$3,564.90$0.00
Taxes / mo$247.75$247.75$247.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,664.48$5,229.39$5,689.72
Cash to close$633,485$81,500$81,500