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$184,703$184,703$292,410
Remaining term (yrs)24.624.630.0
Secondary amount$0$107,707$0
Funding fee$924$924$0
Note rate3.040%3.040%7.400%
Blended rate3.040%4.867%7.640%
1st payment$885.67$885.67$2,024.59
2nd payment$0.00$718.05$0.00
Taxes / mo$139.75$139.75$139.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$78.00$78.00$78.00
Total monthly$1,253.42$1,971.47$2,450.82
Cash to close$140,197$32,490$32,490