Tony English | HQ Homes

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	$373,154	$373,154	$742,410
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$369,256	$0
Funding fee	$1,866	$1,866	$0
Note rate	2.72%	2.72%	7.24%
Blended rate	2.72%	5.222%	7.48%
1st payment	$1,752.78	$1,752.78	$5,059.51
2nd payment	$0.00	$2,384.78	$0.00
Taxes / mo	$667.67	$667.67	$667.67
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$0.00	$0.00	$148.48
HOA / mo	$19.00	$19.00	$19.00
Total monthly	$2,656.12	$5,040.89	$6,111.33
Cash to close	$451,746	$82,490	$82,490