Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$292,092$292,092$323,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$31,818$0
Funding fee$1,460$1,460$0
Note rate2.730%2.730%7.400%
Blended rate2.730%3.346%7.640%
1st payment$1,357.14$1,357.14$2,242.69
2nd payment$0.00$238.64$0.00
Taxes / mo$246.50$246.50$246.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$10.00$10.00$10.00
Total monthly$1,763.64$2,002.28$2,713.97
Cash to close$67,808$35,990$35,990