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
Current Market Conventional
New · Conventional
Loan amount$471,714$468,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$2,359$0
Note rate3.1%7.24%
Blended rate3.1%7.48%
1st payment$2,241.84$3,189.41
2nd payment$0.00$0.00
Taxes / mo$455.83$455.83
Insurance / mo$166.67$166.67
MI / mo$0.00$93.60
HOA / mo$0.00$0.00
Total monthly$2,864.34$3,905.51
Cash to close$48,286$52,000