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	$373,668	$360,000
Remaining term (yrs)	25.7	30.0
Secondary amount	$0	$0
Funding fee	$1,868	$0
Note rate	5.23%	7.24%
Blended rate	5.23%	7.48%
1st payment	$2,203.31	$2,453.39
2nd payment	$0.00	$0.00
Taxes / mo	$93.08	$93.08
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$72.00
HOA / mo	$0.00	$0.00
Total monthly	$2,446.39	$2,768.48
Cash to close	$26,332	$40,000