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$63,253$63,253$328,500
Remaining term (yrs)14.814.830.0
Secondary amount$0$265,247$0
Funding fee$316$316$0
Note rate4.460%4.460%7.400%
Blended rate4.460%7.117%7.640%
1st payment$484.49$484.49$2,274.47
2nd payment$0.00$1,713.05$0.00
Taxes / mo$149.25$149.25$149.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$783.74$2,496.79$2,639.42
Cash to close$301,747$36,500$36,500