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$132,533$132,533$269,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$137,377$0
Funding fee$663$663$0
Note rate3.460%3.460%7.400%
Blended rate3.460%5.771%7.640%
1st payment$761.52$761.52$1,868.80
2nd payment$0.00$915.85$0.00
Taxes / mo$125.67$125.67$125.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$66.00$66.00$66.00
Total monthly$1,103.19$2,019.04$2,264.45
Cash to close$167,367$29,990$29,990