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$837,013$837,013$899,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$62,087$0
Funding fee$4,185$4,185$0
Note rate6.81%6.81%7.24%
Blended rate6.81%6.961%7.48%
1st payment$5,595.25$5,595.25$6,127.35
2nd payment$0.00$465.66$0.00
Taxes / mo$557.00$557.00$557.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$125.00$125.00$125.00
Total monthly$6,493.92$6,959.58$7,205.84
Cash to close$161,987$99,900$99,900