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$407,138$407,138$575,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$167,962$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.448%7.640%
1st payment$2,716.37$2,716.37$3,981.88
2nd payment$0.00$1,119.75$0.00
Taxes / mo$97.08$97.08$97.08
Insurance / mo$166.67$166.67$166.67
MI / mo$193.54$193.54$115.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,173.65$4,293.40$4,360.65
Cash to close$231,862$63,900$63,900