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$263,020$263,020$328,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$65,480$0
Funding fee$1,315$1,315$0
Note rate3.69%3.69%7.24%
Blended rate3.69%4.748%7.48%
1st payment$1,408.80$1,408.80$2,238.72
2nd payment$0.00$491.10$0.00
Taxes / mo$264.67$264.67$264.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,823.47$2,314.57$2,719.09
Cash to close$101,980$36,500$36,500