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$139,629$139,629$342,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$202,371$0
Funding fee$698$698$0
Note rate6.710%6.710%7.400%
Blended rate6.710%7.325%7.640%
1st payment$935.17$935.17$2,367.94
2nd payment$0.00$1,306.98$0.00
Taxes / mo$119.50$119.50$119.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$114.00$114.00$114.00
Total monthly$1,318.67$2,625.66$2,819.84
Cash to close$240,371$38,000$38,000