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	$569,316	$540,000
Remaining term (yrs)	25.5	30.0
Secondary amount	$0	$0
Funding fee	$2,847	$0
Note rate	4.170%	7.400%
Blended rate	4.170%	7.640%
1st payment	$3,013.71	$3,738.85
2nd payment	$0.00	$0.00
Taxes / mo	$208.58	$208.58
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$108.00
HOA / mo	$100.00	$100.00
Total monthly	$3,488.96	$4,322.10
Cash to close	$30,684	$60,000