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	$466,118	$466,118	$517,500
Remaining term (yrs)	27.4	27.4	30.0
Secondary amount	$0	$51,382	$0
Funding fee	$2,331	$2,331	$0
Note rate	4.62%	4.62%	7.24%
Blended rate	4.62%	5.055%	7.48%
1st payment	$2,497.21	$2,497.21	$3,526.75
2nd payment	$0.00	$385.36	$0.00
Taxes / mo	$572.83	$572.83	$572.83
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$103.50
HOA / mo	$100.00	$100.00	$100.00
Total monthly	$3,336.71	$3,722.08	$4,469.75
Cash to close	$108,882	$57,500	$57,500