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$527,125$527,125$684,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$156,875$0
Funding fee$2,636$2,636$0
Note rate6.63%6.63%7.24%
Blended rate6.63%6.944%7.48%
1st payment$3,437.50$3,437.50$4,661.45
2nd payment$0.00$1,045.83$0.00
Taxes / mo$272.58$272.58$272.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$25.00$25.00$25.00
Total monthly$3,951.75$4,997.59$5,312.50
Cash to close$232,875$76,000$76,000