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$259,081$259,081$665,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$406,019$0
Funding fee$1,295$1,295$0
Note rate3.150%3.150%7.400%
Blended rate3.150%5.958%7.640%
1st payment$1,289.21$1,289.21$4,605.02
2nd payment$0.00$2,622.20$0.00
Taxes / mo$403.00$403.00$403.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$146.00$146.00$146.00
Total monthly$2,054.88$4,677.08$5,503.70
Cash to close$479,919$73,900$73,900