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$335,022$335,022$405,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$69,978$0
Funding fee$1,675$1,675$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.004%7.48%
1st payment$1,626.35$1,626.35$2,760.07
2nd payment$0.00$524.84$0.00
Taxes / mo$407.42$407.42$407.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$90.00$90.00$90.00
Total monthly$2,273.77$2,798.61$3,488.48
Cash to close$114,978$45,000$45,000