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$446,301$446,301$585,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$138,699$0
Funding fee$2,232$2,232$0
Note rate2.730%2.730%7.400%
Blended rate2.730%3.979%7.640%
1st payment$2,078.57$2,078.57$4,050.42
2nd payment$0.00$924.66$0.00
Taxes / mo$315.42$315.42$315.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$146.00$146.00$146.00
Total monthly$2,706.66$3,631.32$4,795.51
Cash to close$203,699$65,000$65,000