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
Current Market Conventional
New · Conventional
Loan amount$276,296$260,100
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.400%
Blended rate5.020%7.640%
1st payment$1,462.59$1,800.88
2nd payment$0.00$0.00
Taxes / mo$57.50$57.50
Insurance / mo$150.00$150.00
MI / mo$212.61$52.02
HOA / mo$0.00$0.00
Total monthly$1,882.71$2,060.40
Cash to close$12,704$28,900