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
Current Market Conventional
New · Conventional
Loan amount$509,920$495,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,550$0
Note rate5.625%7.24%
Blended rate5.625%7.48%
1st payment$3,028.34$3,373.42
2nd payment$0.00$0.00
Taxes / mo$498.17$498.17
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$114.00$114.00
Total monthly$3,807.17$4,251.25
Cash to close$40,080$55,000