Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$172,737$172,737$359,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$186,363$0
Funding fee$864$864$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.893%7.640%
1st payment$920.90$920.90$2,486.34
2nd payment$0.00$1,242.42$0.00
Taxes / mo$156.58$156.58$156.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,227.48$2,469.91$2,864.74
Cash to close$226,263$39,900$39,900