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$446,369$446,369$810,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$363,631$0
Funding fee$2,232$2,232$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.513%7.640%
1st payment$2,248.75$2,248.75$5,608.28
2nd payment$0.00$2,348.45$0.00
Taxes / mo$250.08$250.08$250.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$178.00$178.00$178.00
Total monthly$2,893.50$5,241.95$6,415.03
Cash to close$453,631$90,000$90,000