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$582,008$582,008$598,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$49,742$0
Funding fee$2,910$2,910$0
Note rate3.870%3.870%7.400%
Blended rate3.870%4.500%7.640%
1st payment$2,995.21$2,995.21$4,143.89
2nd payment$0.00$492.24$0.00
Taxes / mo$174.00$174.00$174.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$137.00$137.00$137.00
Total monthly$3,472.88$3,965.12$4,741.26
Cash to close$82,992$33,250$66,500