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$621,941$621,941$675,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$53,059$0
Funding fee$3,110$3,110$0
Note rate2.77%2.77%7.24%
Blended rate2.77%3.26%7.48%
1st payment$2,862.24$2,862.24$4,600.11
2nd payment$0.00$397.95$0.00
Taxes / mo$306.17$306.17$306.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,385.08$3,783.02$5,257.95
Cash to close$128,059$75,000$75,000