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$144,844$144,844$945,000
Remaining term (yrs)20.020.030.0
Secondary amount$0$800,156$0
Funding fee$724$724$0
Note rate3.430%3.430%7.400%
Blended rate3.430%7.088%7.640%
1st payment$832.42$832.42$6,542.99
2nd payment$0.00$5,167.68$0.00
Taxes / mo$256.75$256.75$256.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,305.84$6,473.52$7,205.41
Cash to close$905,156$105,000$105,000