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$258,630$258,630$474,750
Remaining term (yrs)24.424.430.0
Secondary amount$0$216,120$0
Funding fee$1,293$1,293$0
Note rate2.790%2.790%7.400%
Blended rate2.790%5.048%7.640%
1st payment$1,215.32$1,215.32$3,287.07
2nd payment$0.00$1,395.78$0.00
Taxes / mo$200.42$200.42$200.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.95
HOA / mo$50.00$50.00$50.00
Total monthly$1,632.41$3,028.18$3,799.11
Cash to close$268,870$52,750$52,750