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$137,489$137,489$346,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$209,011$0
Funding fee$687$687$0
Note rate3.810%3.810%7.400%
Blended rate3.810%6.187%7.640%
1st payment$833.50$833.50$2,399.10
2nd payment$0.00$1,349.86$0.00
Taxes / mo$88.42$88.42$88.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,071.91$2,421.77$2,706.81
Cash to close$247,511$38,500$38,500