Tony English | HQ Homes

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	$525,418	$525,418	$562,500
Remaining term (yrs)	24.7	24.7	30.0
Secondary amount	$0	$37,082	$0
Funding fee	$2,627	$2,627	$0
Note rate	2.88%	2.88%	7.24%
Blended rate	2.88%	3.283%	7.48%
1st payment	$2,470.20	$2,470.20	$3,833.43
2nd payment	$0.00	$278.11	$0.00
Taxes / mo	$200.83	$200.83	$200.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$112.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,837.70	$3,115.81	$4,313.43
Cash to close	$99,582	$62,500	$62,500