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	$446,247	$427,500
Remaining term (yrs)	28.7	30.0
Secondary amount	$0	$0
Funding fee	$2,231	$0
Note rate	6.85%	7.24%
Blended rate	6.85%	7.48%
1st payment	$2,963.13	$2,913.40
2nd payment	$0.00	$0.00
Taxes / mo	$214.33	$214.33
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$85.50
HOA / mo	$0.00	$0.00
Total monthly	$3,344.13	$3,379.90
Cash to close	$28,753	$47,500