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$249,183$249,183$427,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$178,317$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%5.633%7.640%
1st payment$1,204.06$1,204.06$2,959.92
2nd payment$0.00$1,188.78$0.00
Taxes / mo$214.58$214.58$214.58
Insurance / mo$166.67$166.67$166.67
MI / mo$199.98$199.98$85.50
HOA / mo$50.00$50.00$50.00
Total monthly$1,835.29$3,024.07$3,476.67
Cash to close$225,817$47,500$47,500