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$171,967$171,967$288,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$116,033$0
Funding fee$860$860$0
Note rate3.290%3.290%7.400%
Blended rate3.290%5.188%7.640%
1st payment$874.37$874.37$1,994.05
2nd payment$0.00$773.55$0.00
Taxes / mo$102.58$102.58$102.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$14.00$14.00$14.00
Total monthly$1,140.96$1,914.51$2,318.24
Cash to close$148,033$32,000$32,000