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$123,401$123,401$332,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$208,699$0
Funding fee$617$617$0
Note rate3.72%3.72%7.24%
Blended rate3.72%6.253%7.48%
1st payment$658.49$658.49$2,263.26
2nd payment$0.00$1,347.85$0.00
Taxes / mo$112.25$112.25$112.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$920.74$2,268.58$2,591.93
Cash to close$245,599$36,900$36,900