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	$554,111	$517,500
Remaining term (yrs)	25.8	30.0
Secondary amount	$0	$0
Funding fee	$2,771	$0
Note rate	4.2%	7.24%
Blended rate	4.2%	7.48%
1st payment	$2,926.77	$3,526.75
2nd payment	$0.00	$0.00
Taxes / mo	$245.58	$245.58
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$103.50
HOA / mo	$6.67	$6.67
Total monthly	$3,345.69	$4,049.17
Cash to close	$20,889	$57,500