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$209,484$209,484$305,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$96,426$0
Funding fee$1,047$1,047$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.932%7.640%
1st payment$1,006.68$1,006.68$2,118.06
2nd payment$0.00$723.19$0.00
Taxes / mo$120.42$120.42$120.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$130.00$130.00$130.00
Total monthly$1,407.10$2,130.29$2,579.66
Cash to close$130,416$33,990$33,990