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$936,774$936,774$953,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$69,276$0
Funding fee$4,684$4,684$0
Note rate5.510%5.510%7.400%
Blended rate5.510%5.948%7.640%
1st payment$5,655.74$5,655.74$6,599.07
2nd payment$0.00$685.54$0.00
Taxes / mo$285.67$285.67$285.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$190.62
HOA / mo$157.00$157.00$157.00
Total monthly$6,315.08$7,000.62$7,449.03
Cash to close$122,226$52,950$105,900