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$736,377$736,377$742,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$47,373$0
Funding fee$3,682$3,682$0
Note rate4.48%4.48%7.24%
Blended rate4.48%4.927%7.48%
1st payment$4,027.20$4,027.20$5,060.12
2nd payment$0.00$468.80$0.00
Taxes / mo$320.67$320.67$320.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,564.54$5,033.34$5,745.96
Cash to close$88,623$41,250$82,500