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$167,477$167,477$715,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$548,023$0
Funding fee$837$837$0
Note rate2.86%2.86%7.24%
Blended rate2.86%6.605%7.48%
1st payment$914.31$914.31$4,876.12
2nd payment$0.00$3,539.31$0.00
Taxes / mo$332.33$332.33$332.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$760.00$760.00$760.00
Total monthly$2,223.31$5,762.62$6,328.22
Cash to close$627,523$79,500$79,500