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$126,614$126,614$288,000
Remaining term (yrs)16.516.530.0
Secondary amount$0$161,386$0
Funding fee$633$633$0
Note rate3.540%3.540%7.400%
Blended rate3.540%6.039%7.640%
1st payment$838.99$838.99$1,994.05
2nd payment$0.00$1,075.91$0.00
Taxes / mo$134.42$134.42$134.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$40.00$40.00$40.00
Total monthly$1,163.41$2,239.31$2,376.07
Cash to close$193,386$32,000$32,000