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$233,213$233,213$449,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$216,697$0
Funding fee$1,166$1,166$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.277%7.640%
1st payment$1,105.98$1,105.98$3,115.09
2nd payment$0.00$1,399.50$0.00
Taxes / mo$162.42$162.42$162.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$95.67$95.67$95.67
Total monthly$1,530.74$2,930.24$3,629.82
Cash to close$266,687$49,990$49,990