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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$207,897$207,897$323,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$115,203$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%5.291%7.640%
1st payment$1,004.69$1,004.69$2,237.08
2nd payment$0.00$768.02$0.00
Taxes / mo$113.83$113.83$113.83
Insurance / mo$150.00$150.00$150.00
MI / mo$170.10$170.10$64.62
HOA / mo$78.00$78.00$78.00
Total monthly$1,516.62$2,284.64$2,643.53
Cash to close$151,103$35,900$35,900