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$373,615$373,615$765,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$391,385$0
Funding fee$1,868$1,868$0
Note rate3.210%3.210%7.400%
Blended rate3.210%5.533%7.640%
1st payment$1,866.48$1,866.48$5,296.71
2nd payment$0.00$2,527.70$0.00
Taxes / mo$317.75$317.75$317.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$128.00$128.00$128.00
Total monthly$2,528.90$5,056.59$6,112.12
Cash to close$476,385$85,000$85,000