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$159,722$159,722$540,000
Remaining term (yrs)9.39.330.0
Secondary amount$0$380,278$0
Funding fee$799$799$0
Note rate2.190%2.190%7.400%
Blended rate2.190%6.105%7.640%
1st payment$1,565.51$1,565.51$3,738.85
2nd payment$0.00$2,455.96$0.00
Taxes / mo$477.75$477.75$477.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$2.92$2.92$2.92
Total monthly$2,212.84$4,668.81$4,494.19
Cash to close$440,278$60,000$60,000