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$283,282$283,282$296,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$29,268$0
Funding fee$1,416$1,416$0
Note rate3.4%3.4%7.24%
Blended rate3.4%4.194%7.48%
1st payment$1,463.49$1,463.49$2,017.92
2nd payment$0.00$289.63$0.00
Taxes / mo$209.75$209.75$209.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$512.00$512.00$512.00
Total monthly$2,335.24$2,624.87$2,948.89
Cash to close$45,718$16,450$32,900