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$291,758$291,758$395,991
Remaining term (yrs)23.923.930.0
Secondary amount$0$104,233$0
Funding fee$1,459$1,459$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.331%7.640%
1st payment$1,425.36$1,425.36$2,741.76
2nd payment$0.00$694.88$0.00
Taxes / mo$134.58$134.58$134.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$85.00$85.00$85.00
Total monthly$1,794.95$2,489.83$3,190.54
Cash to close$148,232$43,999$43,999