Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$291,507	$296,100
Remaining term (yrs)	24.5	30.0
Secondary amount	$0	$0
Funding fee	$1,458	$0
Note rate	6.5%	7.24%
Blended rate	6.5%	7.48%
1st payment	$1,981.65	$2,017.92
2nd payment	$0.00	$0.00
Taxes / mo	$392.25	$392.25
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$59.22
HOA / mo	$595.00	$595.00
Total monthly	$3,118.90	$3,214.39
Cash to close	$37,493	$32,900