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$133,247$133,247$517,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$384,253$0
Funding fee$666$666$0
Note rate3.810%3.810%7.400%
Blended rate3.810%6.736%7.640%
1st payment$807.78$807.78$3,583.07
2nd payment$0.00$2,481.63$0.00
Taxes / mo$182.42$182.42$182.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$68.67$68.67$68.67
Total monthly$1,225.54$3,707.17$4,104.32
Cash to close$441,753$57,500$57,500