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$116,150$116,150$260,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$144,760$0
Funding fee$581$581$0
Note rate3.44%3.44%7.24%
Blended rate3.44%5.97%7.48%
1st payment$672.00$672.00$1,778.10
2nd payment$0.00$965.07$0.00
Taxes / mo$78.25$78.25$78.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$900.25$1,865.31$2,058.53
Cash to close$173,750$28,990$28,990