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$76,047$76,047$620,100
Remaining term (yrs)6.76.730.0
Secondary amount$0$544,053$0
Funding fee$380$380$0
Note rate5.170%5.170%7.400%
Blended rate5.170%7.434%7.640%
1st payment$1,102.81$1,102.81$4,293.45
2nd payment$0.00$3,513.68$0.00
Taxes / mo$189.33$189.33$189.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,458.81$4,972.49$4,773.47
Cash to close$612,953$68,900$68,900