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$472,565$472,565$719,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$246,535$0
Funding fee$2,363$2,363$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.550%7.640%
1st payment$2,274.63$2,274.63$4,978.90
2nd payment$0.00$1,592.21$0.00
Taxes / mo$336.92$336.92$336.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$173.67$173.67$173.67
Total monthly$3,001.88$4,594.09$5,849.98
Cash to close$326,435$79,900$79,900