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$635,257$635,257$652,410
Remaining term (yrs)28.528.530.0
Secondary amount$0$53,398$0
Funding fee$3,176$3,176$0
Note rate6.650%6.650%7.400%
Blended rate6.650%7.055%7.640%
1st payment$4,138.75$4,138.75$4,517.16
2nd payment$0.00$528.42$0.00
Taxes / mo$220.33$220.33$220.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$148.00$148.00$148.00
Total monthly$4,723.75$5,252.16$5,232.64
Cash to close$89,643$36,245$72,490