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$589,637$589,637$651,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$61,963$0
Funding fee$2,948$2,948$0
Note rate3.69%3.69%7.24%
Blended rate3.69%4.195%7.48%
1st payment$2,988.16$2,988.16$4,440.64
2nd payment$0.00$464.72$0.00
Taxes / mo$192.75$192.75$192.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.32
HOA / mo$10.00$10.00$10.00
Total monthly$3,407.58$3,872.30$4,990.38
Cash to close$134,363$72,400$72,400