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$239,597$239,597$315,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$75,403$0
Funding fee$1,198$1,198$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.451%7.640%
1st payment$1,141.24$1,141.24$2,181.00
2nd payment$0.00$565.52$0.00
Taxes / mo$111.42$111.42$111.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,402.66$1,968.18$2,505.41
Cash to close$110,403$35,000$35,000