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$362,364$362,364$575,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$213,546$0
Funding fee$1,812$1,812$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.233%7.640%
1st payment$1,961.43$1,961.43$3,987.48
2nd payment$0.00$1,379.15$0.00
Taxes / mo$246.42$246.42$246.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$113.00$113.00$113.00
Total monthly$2,487.52$3,866.67$4,628.75
Cash to close$277,536$63,990$63,990