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$321,284$321,284$517,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$196,126$0
Funding fee$1,606$1,606$0
Note rate3.160%3.160%7.400%
Blended rate3.160%4.995%7.640%
1st payment$1,592.96$1,592.96$3,582.44
2nd payment$0.00$1,307.51$0.00
Taxes / mo$246.58$246.58$246.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$128.00$128.00$128.00
Total monthly$2,134.21$3,441.72$4,227.17
Cash to close$253,616$57,490$57,490