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$352,800$352,800$495,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$142,200$0
Funding fee$1,764$1,764$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.201%7.640%
1st payment$1,636.27$1,636.27$3,427.28
2nd payment$0.00$948.00$0.00
Taxes / mo$171.00$171.00$171.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$96.00$96.00$96.00
Total monthly$2,069.93$3,017.93$3,959.95
Cash to close$197,200$55,000$55,000