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$315,560$315,560$332,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$35,845$0
Funding fee$1,578$1,578$0
Note rate2.99%2.99%7.24%
Blended rate2.99%3.896%7.48%
1st payment$1,494.78$1,494.78$2,268.78
2nd payment$0.00$354.72$0.00
Taxes / mo$200.42$200.42$200.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$276.00$276.00$276.00
Total monthly$2,121.20$2,475.91$2,961.77
Cash to close$54,340$18,495$36,990