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$641,400$641,400$729,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$87,600$0
Funding fee$3,207$3,207$0
Note rate6.870%6.870%7.400%
Blended rate6.870%7.126%7.640%
1st payment$4,255.73$4,255.73$5,047.45
2nd payment$0.00$657.00$0.00
Taxes / mo$46.42$46.42$46.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$143.00$143.00$143.00
Total monthly$4,661.81$5,318.81$5,599.33
Cash to close$168,600$81,000$81,000