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$80,052$80,052$468,000
Remaining term (yrs)7.17.130.0
Secondary amount$0$387,948$0
Funding fee$400$400$0
Note rate5.75%5.75%7.24%
Blended rate5.75%7.408%7.48%
1st payment$1,137.97$1,137.97$3,189.41
2nd payment$0.00$2,505.49$0.00
Taxes / mo$268.00$268.00$268.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,572.63$4,078.13$3,717.68
Cash to close$439,948$52,000$52,000