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	$257,698	$238,500
Remaining term (yrs)	23.4	30.0
Secondary amount	$0	$0
Funding fee	$1,288	$0
Note rate	3.33%	7.24%
Blended rate	3.33%	7.48%
1st payment	$1,318.75	$1,625.37
2nd payment	$0.00	$0.00
Taxes / mo	$174.50	$174.50
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$47.70
HOA / mo	$708.00	$708.00
Total monthly	$2,351.25	$2,705.57
Cash to close	$7,302	$26,500