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$329,068$329,068$1,170,000
Remaining term (yrs)19.019.030.0
Secondary amount$0$840,932$0
Funding fee$1,645$1,645$0
Note rate3.860%3.860%7.400%
Blended rate3.860%6.656%7.640%
1st payment$2,032.84$2,032.84$8,100.84
2nd payment$0.00$5,431.02$0.00
Taxes / mo$585.67$585.67$585.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,835.17$8,266.19$9,137.18
Cash to close$970,932$130,000$130,000