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$337,587$337,587$607,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$269,913$0
Funding fee$1,688$1,688$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.955%7.640%
1st payment$1,581.88$1,581.88$4,206.21
2nd payment$0.00$1,743.19$0.00
Taxes / mo$195.08$195.08$195.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$73.00$73.00$73.00
Total monthly$2,016.63$3,759.82$4,762.46
Cash to close$337,413$67,500$67,500