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	$247,440	$238,500
Remaining term (yrs)	25.0	30.0
Secondary amount	$0	$0
Funding fee	$1,237	$0
Note rate	2.84%	7.24%
Blended rate	2.84%	7.48%
1st payment	$1,150.27	$1,625.37
2nd payment	$0.00	$0.00
Taxes / mo	$63.83	$63.83
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$47.70
HOA / mo	$314.00	$314.00
Total monthly	$1,678.11	$2,200.91
Cash to close	$17,560	$26,500