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$278,460$278,460$459,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$180,540$0
Funding fee$0$0$0
Note rate2.950%2.950%7.400%
Blended rate3.800%5.452%7.640%
1st payment$1,319.22$1,319.22$3,178.02
2nd payment$0.00$1,203.60$0.00
Taxes / mo$156.08$156.08$156.08
Insurance / mo$166.67$166.67$166.67
MI / mo$223.07$223.07$91.80
HOA / mo$41.67$41.67$41.67
Total monthly$1,906.71$3,110.31$3,634.24
Cash to close$231,540$51,000$51,000