Sophia Sommer | The Sommer Group

Sophia Sommer

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	$174,675	$174,675	$539,100
Remaining term (yrs)	12.4	12.4	30.0
Secondary amount	$0	$364,425	$0
Funding fee	$873	$873	$0
Note rate	5.050%	5.050%	7.400%
Blended rate	5.050%	6.875%	7.640%
1st payment	$1,572.83	$1,572.83	$3,732.62
2nd payment	$0.00	$2,353.58	$0.00
Taxes / mo	$254.25	$254.25	$254.25
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$107.82
HOA / mo	$100.00	$100.00	$100.00
Total monthly	$2,093.75	$4,447.32	$4,361.36
Cash to close	$424,325	$59,900	$59,900