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$292,132$292,132$459,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$166,868$0
Funding fee$1,461$1,461$0
Note rate2.74%2.74%7.24%
Blended rate2.74%4.652%7.48%
1st payment$1,368.57$1,368.57$3,128.08
2nd payment$0.00$1,112.45$0.00
Taxes / mo$284.08$284.08$284.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$64.00$64.00$64.00
Total monthly$1,883.32$2,995.77$3,734.63
Cash to close$217,868$51,000$51,000