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$437,610$437,610$485,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$48,300$0
Funding fee$2,188$2,188$0
Note rate3.76%3.76%7.24%
Blended rate3.76%4.281%7.48%
1st payment$2,225.68$2,225.68$3,311.47
2nd payment$0.00$362.25$0.00
Taxes / mo$634.67$634.67$634.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$100.00$100.00$100.00
Total monthly$3,127.01$3,489.26$4,309.98
Cash to close$102,290$53,990$53,990