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$109,238$109,238$300,600
Remaining term (yrs)29.329.330.0
Secondary amount$0$191,362$0
Funding fee$546$546$0
Note rate6.11%6.11%7.24%
Blended rate6.11%7.313%7.48%
1st payment$667.30$667.30$2,048.58
2nd payment$0.00$1,275.75$0.00
Taxes / mo$167.08$167.08$167.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.12
HOA / mo$438.00$438.00$438.00
Total monthly$1,422.39$2,698.14$2,863.79
Cash to close$224,762$33,400$33,400