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$205,268$205,268$341,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$136,642$0
Funding fee$0$0$0
Note rate2.740%2.740%7.400%
Blended rate3.590%5.352%7.640%
1st payment$957.05$957.05$2,367.32
2nd payment$0.00$910.94$0.00
Taxes / mo$115.83$115.83$115.83
Insurance / mo$150.00$150.00$150.00
MI / mo$166.27$166.27$68.38
HOA / mo$86.33$86.33$86.33
Total monthly$1,475.49$2,386.43$2,787.86
Cash to close$174,632$37,990$37,990