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$439,462$439,462$611,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$171,638$0
Funding fee$2,197$2,197$0
Note rate2.91%2.91%7.24%
Blended rate2.91%4.34%7.48%
1st payment$2,127.17$2,127.17$4,164.64
2nd payment$0.00$1,144.25$0.00
Taxes / mo$387.25$387.25$387.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.22
HOA / mo$58.00$58.00$58.00
Total monthly$2,739.09$3,883.34$4,898.77
Cash to close$239,538$67,900$67,900