Sophia Sommer | The Sommer Group

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$1,074,935	$989,100
Remaining term (yrs)	25.8	30.0
Secondary amount	$0	$0
Funding fee	$5,375	$0
Note rate	4.990%	7.400%
Blended rate	4.990%	7.640%
1st payment	$6,166.42	$6,848.33
2nd payment	$0.00	$0.00
Taxes / mo	$313.67	$313.67
Insurance / mo	$216.67	$216.67
MI / mo	$0.00	$197.82
HOA / mo	$9.25	$9.25
Total monthly	$6,706.01	$7,585.73
Cash to close	$24,065	$109,900