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$203,068$203,068$351,000
Remaining term (yrs)22.522.530.0
Secondary amount$0$147,932$0
Funding fee$1,015$1,015$0
Note rate4.280%4.280%7.400%
Blended rate4.280%5.848%7.640%
1st payment$1,167.60$1,167.60$2,430.25
2nd payment$0.00$986.22$0.00
Taxes / mo$151.17$151.17$151.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,468.76$2,454.98$2,801.62
Cash to close$186,932$39,000$39,000