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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$51,051$51,051$312,300
Remaining term (yrs)12.912.930.0
Secondary amount$0$261,249$0
Funding fee$0$0$0
Note rate5.120%5.120%7.400%
Blended rate5.970%7.459%7.640%
1st payment$448.83$448.83$2,162.30
2nd payment$0.00$1,687.23$0.00
Taxes / mo$178.00$178.00$178.00
Insurance / mo$150.00$150.00$150.00
MI / mo$58.42$58.42$62.46
HOA / mo$60.00$60.00$60.00
Total monthly$895.25$2,582.48$2,612.76
Cash to close$295,949$34,700$34,700