VA Real Estate Team
Call Stephen

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$299,859$299,859$350,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$50,241$0
Funding fee$0$0$0
Note rate4.980%4.980%7.400%
Blended rate5.830%6.285%7.640%
1st payment$1,723.86$1,723.86$2,424.02
2nd payment$0.00$376.81$0.00
Taxes / mo$97.42$97.42$97.42
Insurance / mo$150.00$150.00$150.00
MI / mo$227.98$227.98$70.02
HOA / mo$31.00$31.00$31.00
Total monthly$2,230.25$2,607.06$2,772.46
Cash to close$89,141$38,900$38,900