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$637,501$637,501$733,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$95,999$0
Funding fee$3,188$3,188$0
Note rate6.12%6.12%7.24%
Blended rate6.12%6.497%7.48%
1st payment$3,965.35$3,965.35$4,998.79
2nd payment$0.00$720.00$0.00
Taxes / mo$715.08$715.08$715.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$200.00$200.00$200.00
Total monthly$5,097.10$5,817.09$6,277.24
Cash to close$177,499$81,500$81,500