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$441,909$441,909$449,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$32,141$0
Funding fee$2,210$2,210$0
Note rate6.34%6.34%7.24%
Blended rate6.34%6.715%7.48%
1st payment$2,865.50$2,865.50$3,060.61
2nd payment$0.00$318.06$0.00
Taxes / mo$66.92$66.92$66.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,099.08$3,417.14$3,384.01
Cash to close$57,091$24,950$49,900