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$266,303$266,303$553,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$287,197$0
Funding fee$1,332$1,332$0
Note rate3.13%3.13%7.24%
Blended rate3.13%5.527%7.48%
1st payment$1,322.38$1,322.38$3,772.09
2nd payment$0.00$1,854.81$0.00
Taxes / mo$532.75$532.75$532.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$75.00$75.00$75.00
Total monthly$2,096.79$3,951.61$4,657.21
Cash to close$348,697$61,500$61,500