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$463,944$463,944$476,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$39,461$0
Funding fee$2,320$2,320$0
Note rate5.230%5.230%7.400%
Blended rate5.230%5.751%7.640%
1st payment$2,727.28$2,727.28$3,302.03
2nd payment$0.00$390.50$0.00
Taxes / mo$135.42$135.42$135.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.38
HOA / mo$60.00$60.00$60.00
Total monthly$3,089.36$3,479.86$3,759.49
Cash to close$65,956$26,495$52,990