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$259,087$259,087$342,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$82,913$0
Funding fee$0$0$0
Note rate3.230%3.230%7.400%
Blended rate4.080%5.273%7.640%
1st payment$1,300.05$1,300.05$2,367.94
2nd payment$0.00$621.85$0.00
Taxes / mo$159.75$159.75$159.75
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$68.40
HOA / mo$56.00$56.00$56.00
Total monthly$1,877.93$2,499.77$2,802.09
Cash to close$120,913$38,000$38,000