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$514,176$514,176$598,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$84,324$0
Funding fee$2,571$2,571$0
Note rate4.25%4.25%7.24%
Blended rate4.25%4.919%7.48%
1st payment$2,754.86$2,754.86$4,078.77
2nd payment$0.00$632.43$0.00
Taxes / mo$222.00$222.00$222.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,143.53$3,775.96$4,587.13
Cash to close$150,824$66,500$66,500