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$456,186$456,186$472,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$42,564$0
Funding fee$2,281$2,281$0
Note rate6.69%6.69%7.24%
Blended rate6.69%7.132%7.48%
1st payment$3,029.69$3,029.69$3,220.08
2nd payment$0.00$421.20$0.00
Taxes / mo$129.33$129.33$129.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,325.69$3,746.89$3,610.58
Cash to close$68,814$26,250$52,500