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$759,930$759,930$1,210,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$450,570$0
Funding fee$3,800$3,800$0
Note rate6.11%6.11%7.24%
Blended rate6.11%6.72%7.48%
1st payment$4,637.51$4,637.51$8,249.53
2nd payment$0.00$2,909.93$0.00
Taxes / mo$529.25$529.25$529.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.10
HOA / mo$8.33$8.33$8.33
Total monthly$5,391.76$8,301.69$9,245.88
Cash to close$585,070$134,500$134,500