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$482,159$482,159$481,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$26,091$0
Funding fee$2,411$2,411$0
Note rate6.71%6.71%7.24%
Blended rate6.71%6.975%7.48%
1st payment$3,232.87$3,232.87$3,281.41
2nd payment$0.00$258.19$0.00
Taxes / mo$539.00$539.00$539.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$73.33$73.33$73.33
Total monthly$4,011.87$4,270.06$4,156.71
Cash to close$52,841$26,750$53,500