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$572,548$572,548$719,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$147,451$0
Funding fee$2,863$2,863$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.616%7.640%
1st payment$3,556.44$3,556.44$4,985.13
2nd payment$0.00$983.01$0.00
Taxes / mo$216.17$216.17$216.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$27.50$27.50$27.50
Total monthly$4,016.78$4,999.78$5,589.46
Cash to close$227,451$80,000$80,000