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$205,750$205,750$288,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$82,250$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%5.128%7.640%
1st payment$960.54$960.54$1,994.05
2nd payment$0.00$616.87$0.00
Taxes / mo$197.00$197.00$197.00
Insurance / mo$150.00$150.00$150.00
MI / mo$167.09$167.09$57.60
HOA / mo$73.00$73.00$73.00
Total monthly$1,547.63$2,164.50$2,471.65
Cash to close$114,250$32,000$32,000