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$936,556$936,556$990,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$53,444$0
Funding fee$4,683$4,683$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.266%7.640%
1st payment$5,703.94$5,703.94$6,854.56
2nd payment$0.00$400.83$0.00
Taxes / mo$411.75$411.75$411.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$64.00$64.00$64.00
Total monthly$6,396.36$6,797.19$7,744.98
Cash to close$163,444$110,000$110,000