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$286,938$286,938$427,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$140,562$0
Funding fee$1,435$1,435$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.631%7.640%
1st payment$1,345.68$1,345.68$2,959.92
2nd payment$0.00$937.08$0.00
Taxes / mo$202.92$202.92$202.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,715.27$2,652.34$3,415.01
Cash to close$188,062$47,500$47,500