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$425,594$425,594$729,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$303,406$0
Funding fee$2,128$2,128$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.866%7.640%
1st payment$1,999.53$1,999.53$5,047.45
2nd payment$0.00$1,959.50$0.00
Taxes / mo$259.25$259.25$259.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,475.45$4,434.95$5,669.17
Cash to close$384,406$81,000$81,000