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	$446,792	$441,000
Remaining term (yrs)	28.3	30.0
Secondary amount	$0	$0
Funding fee	$2,234	$0
Note rate	6.5%	7.24%
Blended rate	6.5%	7.48%
1st payment	$2,875.91	$3,005.41
2nd payment	$0.00	$0.00
Taxes / mo	$257.50	$257.50
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$88.20
HOA / mo	$16.00	$16.00
Total monthly	$3,316.08	$3,533.77
Cash to close	$43,208	$49,000