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Assumable VA loan in HCOL area

  • Thread starter Thread starter /u/chicav43
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/u/chicav43

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First time home buyer looking at a 600k property with an assumable loan at 2.5%. I am VA-loan eligible and would need to pay 75k cash. Benefit of the assumption appears to be 1500 a month. Does paying the value of 5 years of interest make sense in this scenario?

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Assumable VA loan in HCOL area
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