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$290,340$290,340$449,991
Remaining term (yrs)23.723.730.0
Secondary amount$0$159,651$0
Funding fee$1,452$1,452$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.890%7.640%
1st payment$1,449.29$1,449.29$3,115.65
2nd payment$0.00$1,064.34$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,770.87$2,835.22$3,527.23
Cash to close$209,650$49,999$49,999