VA Real Estate Team
Call Stephen

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$330,075$330,075$355,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,425$0
Funding fee$1,650$1,650$0
Note rate5.810%5.810%7.400%
Blended rate5.810%6.038%7.640%
1st payment$2,055.87$2,055.87$2,461.41
2nd payment$0.00$190.69$0.00
Taxes / mo$173.08$173.08$173.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,378.95$2,569.64$2,855.59
Cash to close$64,925$39,500$39,500