Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$513,922	$504,000
Remaining term (yrs)	25.7	30.0
Secondary amount	$0	$0
Funding fee	$2,570	$0
Note rate	5.23%	7.24%
Blended rate	5.23%	7.48%
1st payment	$3,030.31	$3,434.75
2nd payment	$0.00	$0.00
Taxes / mo	$238.83	$238.83
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$100.80
HOA / mo	$0.00	$0.00
Total monthly	$3,435.81	$3,941.05
Cash to close	$46,078	$56,000