Tony English | HQ Homes

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	$395,454	$395,454	$562,500
Remaining term (yrs)	18.7	18.7	30.0
Secondary amount	$0	$167,046	$0
Funding fee	$1,977	$1,977	$0
Note rate	3.18%	3.18%	7.24%
Blended rate	3.18%	4.611%	7.48%
1st payment	$2,335.57	$2,335.57	$3,833.43
2nd payment	$0.00	$1,113.64	$0.00
Taxes / mo	$524.92	$524.92	$524.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$112.50
HOA / mo	$58.00	$58.00	$58.00
Total monthly	$3,085.16	$4,198.80	$4,695.51
Cash to close	$229,546	$62,500	$62,500