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$165,876$165,876$260,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$94,224$0
Funding fee$829$829$0
Note rate3.030%3.030%7.400%
Blended rate3.030%5.193%7.640%
1st payment$811.24$811.24$1,800.88
2nd payment$0.00$706.68$0.00
Taxes / mo$156.00$156.00$156.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$74.67$74.67$74.67
Total monthly$1,191.91$1,898.58$2,233.57
Cash to close$123,124$28,900$28,900