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$413,651$413,651$441,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$27,349$0
Funding fee$2,068$2,068$0
Note rate6.26%6.26%7.24%
Blended rate6.26%6.43%7.48%
1st payment$2,667.90$2,667.90$3,005.41
2nd payment$0.00$205.12$0.00
Taxes / mo$395.50$395.50$395.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$50.00$50.00$50.00
Total monthly$3,280.07$3,485.19$3,705.77
Cash to close$76,349$49,000$49,000