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$259,883$259,883$560,700
Remaining term (yrs)22.922.930.0
Secondary amount$0$300,817$0
Funding fee$1,299$1,299$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.896%7.640%
1st payment$1,406.71$1,406.71$3,882.17
2nd payment$0.00$1,942.78$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.14
HOA / mo$48.33$48.33$48.33
Total monthly$1,842.21$3,784.99$4,429.81
Cash to close$363,117$62,300$62,300