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$155,095$155,095$268,650
Remaining term (yrs)23.123.130.0
Secondary amount$0$113,555$0
Funding fee$775$775$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.512%7.640%
1st payment$828.84$828.84$1,860.08
2nd payment$0.00$757.03$0.00
Taxes / mo$142.83$142.83$142.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.73
HOA / mo$130.00$130.00$130.00
Total monthly$1,251.68$2,008.71$2,336.64
Cash to close$143,405$29,850$29,850