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$606,527$606,527$643,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$36,973$0
Funding fee$3,033$3,033$0
Note rate5.22%5.22%7.24%
Blended rate5.22%5.437%7.48%
1st payment$3,561.85$3,561.85$4,385.44
2nd payment$0.00$277.29$0.00
Taxes / mo$207.25$207.25$207.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$128.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,985.76$4,263.06$4,938.06
Cash to close$108,473$71,500$71,500