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$204,540$204,540$269,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$64,560$0
Funding fee$1,023$1,023$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.227%7.640%
1st payment$958.44$958.44$1,863.19
2nd payment$0.00$484.20$0.00
Taxes / mo$122.83$122.83$122.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$36.00$36.00$36.00
Total monthly$1,267.28$1,751.48$2,225.85
Cash to close$94,460$29,900$29,900