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$414,488$414,488$718,650
Remaining term (yrs)24.024.030.0
Secondary amount$0$304,162$0
Funding fee$2,072$2,072$0
Note rate2.89%2.89%7.24%
Blended rate2.89%4.947%7.48%
1st payment$1,992.42$1,992.42$4,897.59
2nd payment$0.00$1,964.38$0.00
Taxes / mo$266.00$266.00$266.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,475.09$4,439.47$5,523.98
Cash to close$384,012$79,850$79,850