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$453,610$453,610$513,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$59,390$0
Funding fee$2,268$2,268$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.093%7.640%
1st payment$2,230.85$2,230.85$3,551.91
2nd payment$0.00$445.43$0.00
Taxes / mo$343.25$343.25$343.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$100.00$100.00$100.00
Total monthly$2,840.76$3,286.19$4,264.43
Cash to close$116,390$57,000$57,000