VA Real Estate Team
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$400,687$396,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$2,581.13$2,741.82
2nd payment$0.00$0.00
Taxes / mo$138.42$138.42
Insurance / mo$150.00$150.00
MI / mo$296.63$79.20
HOA / mo$90.00$90.00
Total monthly$3,256.17$3,199.44
Cash to close$39,313$44,000