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$588,043$588,043$1,381,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$793,457$0
Funding fee$2,940$2,940$0
Note rate4.17%4.17%7.24%
Blended rate4.17%6.226%7.48%
1st payment$3,118.51$3,118.51$9,414.90
2nd payment$0.00$5,124.41$0.00
Taxes / mo$381.33$381.33$381.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$276.30
HOA / mo$4.17$4.17$4.17
Total monthly$3,720.68$8,845.09$10,293.37
Cash to close$946,957$153,500$153,500