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$680,962$680,962$855,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$174,038$0
Funding fee$3,405$3,405$0
Note rate6.600%6.600%7.400%
Blended rate6.600%6.885%7.640%
1st payment$4,528.09$4,528.09$5,919.85
2nd payment$0.00$1,160.25$0.00
Taxes / mo$224.00$224.00$224.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$47.33$47.33$47.33
Total monthly$5,016.09$6,176.34$6,578.84
Cash to close$269,038$95,000$95,000