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$189,440$189,440$382,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$193,060$0
Funding fee$947$947$0
Note rate3.720%3.720%7.400%
Blended rate3.720%5.880%7.640%
1st payment$1,015.42$1,015.42$2,648.35
2nd payment$0.00$1,287.07$0.00
Taxes / mo$49.33$49.33$49.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,214.76$2,501.83$2,924.19
Cash to close$235,560$42,500$42,500