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$373,675$373,675$616,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$242,825$0
Funding fee$1,868$1,868$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.798%7.48%
1st payment$1,794.32$1,794.32$4,201.44
2nd payment$0.00$1,568.24$0.00
Taxes / mo$562.42$562.42$562.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$58.00$58.00$58.00
Total monthly$2,581.40$4,149.65$5,111.82
Cash to close$311,325$68,500$68,500