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$266,569$266,569$373,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$106,931$0
Funding fee$1,333$1,333$0
Note rate3.920%3.920%7.400%
Blended rate3.920%5.088%7.640%
1st payment$1,373.99$1,373.99$2,586.04
2nd payment$0.00$712.87$0.00
Taxes / mo$138.33$138.33$138.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$113.00$113.00$113.00
Total monthly$1,775.32$2,488.19$3,062.07
Cash to close$148,431$41,500$41,500