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$175,727$175,727$382,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$206,773$0
Funding fee$879$879$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.866%7.640%
1st payment$935.35$935.35$2,648.35
2nd payment$0.00$1,335.41$0.00
Taxes / mo$197.33$197.33$197.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,282.69$2,618.09$3,072.19
Cash to close$249,273$42,500$42,500