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$419,039$419,039$764,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$345,061$0
Funding fee$2,095$2,095$0
Note rate2.89%2.89%7.24%
Blended rate2.89%5.085%7.48%
1st payment$2,009.49$2,009.49$5,207.33
2nd payment$0.00$2,228.52$0.00
Taxes / mo$573.33$573.33$573.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$85.00$85.00$85.00
Total monthly$2,884.49$5,113.01$6,235.15
Cash to close$429,961$84,900$84,900