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$421,273$421,273$495,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$73,727$0
Funding fee$2,106$2,106$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.634%7.640%
1st payment$2,608.51$2,608.51$3,427.28
2nd payment$0.00$552.95$0.00
Taxes / mo$223.17$223.17$223.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,998.34$3,551.30$3,916.11
Cash to close$128,727$55,000$55,000