Sophia Sommer

(602) 512-9825
The Sommer Group
Call Sophia

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$78,614$78,614$216,000
Remaining term (yrs)15.515.530.0
Secondary amount$0$137,386$0
Funding fee$393$393$0
Note rate3.920%3.920%7.400%
Blended rate3.920%6.515%7.640%
1st payment$560.29$560.29$1,495.54
2nd payment$0.00$915.91$0.00
Taxes / mo$68.83$68.83$68.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$779.12$1,695.02$1,757.57
Cash to close$161,386$24,000$24,000