HQ Homes
Call Tony

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$201,872$201,872$324,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$122,128$0
Funding fee$1,009$1,009$0
Note rate3.7%3.7%7.24%
Blended rate3.7%5.321%7.48%
1st payment$1,079.90$1,079.90$2,208.05
2nd payment$0.00$814.19$0.00
Taxes / mo$129.42$129.42$129.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$300.00$300.00$300.00
Total monthly$1,659.32$2,473.51$2,852.27
Cash to close$158,128$36,000$36,000