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$613,575$613,575$675,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$61,425$0
Funding fee$3,068$3,068$0
Note rate4.82%4.82%7.24%
Blended rate4.82%5.2%7.48%
1st payment$3,453.21$3,453.21$4,600.11
2nd payment$0.00$460.69$0.00
Taxes / mo$281.18$281.18$281.18
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$105.00$105.00$105.00
Total monthly$4,056.05$4,516.74$5,337.96
Cash to close$136,425$75,000$75,000