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$386,837$386,837$832,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$445,663$0
Funding fee$1,934$1,934$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.626%7.640%
1st payment$1,883.23$1,883.23$5,764.06
2nd payment$0.00$2,878.24$0.00
Taxes / mo$254.17$254.17$254.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$148.00$148.00$148.00
Total monthly$2,502.06$5,380.30$6,549.40
Cash to close$538,163$92,500$92,500