Tony English | HQ Homes

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	$190,754	$190,754	$260,910
Remaining term (yrs)	22.7	22.7	30.0
Secondary amount	$0	$70,156	$0
Funding fee	$954	$954	$0
Note rate	3.8%	3.8%	7.24%
Blended rate	3.8%	5.198%	7.48%
1st payment	$1,042.38	$1,042.38	$1,778.10
2nd payment	$0.00	$526.17	$0.00
Taxes / mo	$171.50	$171.50	$171.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$52.18
HOA / mo	$302.00	$302.00	$302.00
Total monthly	$1,665.88	$2,192.05	$2,453.78
Cash to close	$99,146	$28,990	$28,990