VA Real Estate Team
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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$198,458$198,458$269,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$70,642$0
Funding fee$992$992$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.383%7.640%
1st payment$927.50$927.50$1,863.19
2nd payment$0.00$529.82$0.00
Taxes / mo$126.50$126.50$126.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$70.00$70.00$70.00
Total monthly$1,274.00$1,803.82$2,263.51
Cash to close$100,542$29,900$29,900