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$147,465$147,465$261,000
Remaining term (yrs)21.021.030.0
Secondary amount$0$113,535$0
Funding fee$0$0$0
Note rate3.780%3.780%7.400%
Blended rate4.630%6.096%7.640%
1st payment$844.34$844.34$1,807.11
2nd payment$0.00$756.90$0.00
Taxes / mo$47.08$47.08$47.08
Insurance / mo$150.00$150.00$150.00
MI / mo$128.67$128.67$52.20
HOA / mo$218.00$218.00$218.00
Total monthly$1,388.09$2,144.99$2,274.39
Cash to close$142,535$29,000$29,000