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$465,567$465,567$489,510
Remaining term (yrs)28.928.930.0
Secondary amount$0$51,138$0
Funding fee$2,328$2,328$0
Note rate6.630%6.630%7.400%
Blended rate6.630%7.149%7.640%
1st payment$3,015.50$3,015.50$3,389.27
2nd payment$0.00$506.05$0.00
Taxes / mo$275.75$275.75$275.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.90
HOA / mo$0.00$0.00$0.00
Total monthly$3,457.92$3,963.97$3,929.59
Cash to close$78,333$27,195$54,390