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$729,539$729,539$990,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$260,461$0
Funding fee$3,648$3,648$0
Note rate5.270%5.270%7.400%
Blended rate5.270%5.922%7.640%
1st payment$4,319.03$4,319.03$6,854.56
2nd payment$0.00$1,682.15$0.00
Taxes / mo$216.58$216.58$216.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$149.00$149.00$149.00
Total monthly$4,901.28$6,583.42$7,634.81
Cash to close$370,461$110,000$110,000