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$543,953$543,953$539,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$25,952$0
Funding fee$2,720$2,720$0
Note rate6.09%6.09%7.24%
Blended rate6.09%6.353%7.48%
1st payment$3,376.92$3,376.92$3,679.48
2nd payment$0.00$256.82$0.00
Taxes / mo$285.58$285.58$285.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$16.67$16.67$16.67
Total monthly$3,845.84$4,102.66$4,256.38
Cash to close$55,947$29,995$59,990