Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$529,174	$517,500
Remaining term (yrs)	28.2	30.0
Secondary amount	$0	$0
Funding fee	$2,646	$0
Note rate	6.5%	7.24%
Blended rate	6.5%	7.48%
1st payment	$3,413.17	$3,526.75
2nd payment	$0.00	$0.00
Taxes / mo	$350.75	$350.75
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$103.50
HOA / mo	$70.00	$70.00
Total monthly	$4,000.58	$4,217.67
Cash to close	$45,826	$57,500