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$7,505$7,505$270,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$262,495$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.736%7.640%
1st payment$51.66$51.66$1,869.43
2nd payment$0.00$1,695.28$0.00
Taxes / mo$65.75$65.75$65.75
Insurance / mo$150.00$150.00$150.00
MI / mo$3.58$3.58$54.00
HOA / mo$2.08$2.08$2.08
Total monthly$273.07$1,968.36$2,141.26
Cash to close$292,495$30,000$30,000