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$82,800$82,800$418,500
Remaining term (yrs)10.210.230.0
Secondary amount$0$335,700$0
Funding fee$414$414$0
Note rate2.390%2.390%7.400%
Blended rate2.390%6.690%7.640%
1st payment$754.25$754.25$2,897.61
2nd payment$0.00$2,168.06$0.00
Taxes / mo$125.25$125.25$125.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$164.67$164.67$164.67
Total monthly$1,210.84$3,378.90$3,437.90
Cash to close$382,200$46,500$46,500