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$378,476$378,476$1,260,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$881,524$0
Funding fee$1,892$1,892$0
Note rate2.890%2.890%7.400%
Blended rate2.890%6.290%7.640%
1st payment$1,810.66$1,810.66$8,723.99
2nd payment$0.00$5,693.18$0.00
Taxes / mo$364.17$364.17$364.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$252.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,391.49$8,084.67$9,556.82
Cash to close$1,021,524$140,000$140,000