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$441,281$441,281$853,200
Remaining term (yrs)24.824.830.0
Secondary amount$0$411,919$0
Funding fee$2,206$2,206$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.257%7.640%
1st payment$2,081.29$2,081.29$5,907.38
2nd payment$0.00$2,660.31$0.00
Taxes / mo$285.67$285.67$285.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,583.62$5,243.93$6,580.36
Cash to close$506,719$94,800$94,800