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$134,710$134,710$180,000
Remaining term (yrs)21.321.330.0
Secondary amount$0$45,290$0
Funding fee$674$674$0
Note rate4.04%4.04%7.24%
Blended rate4.04%5.288%7.48%
1st payment$784.05$784.05$1,226.70
2nd payment$0.00$339.68$0.00
Taxes / mo$77.67$77.67$77.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$303.00$303.00$303.00
Total monthly$1,314.72$1,654.40$1,793.36
Cash to close$65,290$20,000$20,000