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$215,922$215,922$245,250
Remaining term (yrs)25.525.530.0
Secondary amount$0$29,328$0
Funding fee$1,080$1,080$0
Note rate4.17%4.17%7.24%
Blended rate4.17%4.748%7.48%
1st payment$1,145.08$1,145.08$1,671.37
2nd payment$0.00$219.96$0.00
Taxes / mo$157.75$157.75$157.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.05
HOA / mo$865.00$865.00$865.00
Total monthly$2,317.83$2,537.79$2,893.17
Cash to close$56,578$27,250$27,250