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$384,987$384,987$477,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$92,013$0
Funding fee$1,925$1,925$0
Note rate2.8%2.8%7.24%
Blended rate2.8%3.996%7.48%
1st payment$1,828.46$1,828.46$3,250.75
2nd payment$0.00$690.10$0.00
Taxes / mo$264.33$264.33$264.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$82.00$82.00$82.00
Total monthly$2,341.46$3,031.55$3,859.15
Cash to close$145,013$53,000$53,000