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$936,014$936,014$945,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$61,486$0
Funding fee$4,680$4,680$0
Note rate5.840%5.840%7.400%
Blended rate5.840%6.212%7.640%
1st payment$5,799.92$5,799.92$6,542.99
2nd payment$0.00$608.45$0.00
Taxes / mo$432.92$432.92$432.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,449.50$7,057.95$7,381.57
Cash to close$113,986$52,500$105,000