Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$241,720	$243,000
Remaining term (yrs)	27.3	30.0
Secondary amount	$0	$0
Funding fee	$1,209	$0
Note rate	6.64%	7.24%
Blended rate	6.64%	7.48%
1st payment	$1,597.54	$1,656.04
2nd payment	$0.00	$0.00
Taxes / mo	$102.92	$102.92
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$48.60
HOA / mo	$0.00	$0.00
Total monthly	$1,850.46	$1,957.56
Cash to close	$28,280	$27,000