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$569,248$569,248$1,125,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$555,752$0
Funding fee$2,846$2,846$0
Note rate3.34%3.34%7.24%
Blended rate3.34%5.519%7.48%
1st payment$2,889.22$2,889.22$7,666.85
2nd payment$0.00$3,589.23$0.00
Taxes / mo$811.75$811.75$811.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$341.00$341.00$341.00
Total monthly$4,258.63$7,847.87$9,261.27
Cash to close$680,752$125,000$125,000