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$673,012$673,012$1,417,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$744,488$0
Funding fee$3,365$3,365$0
Note rate2.88%2.88%7.24%
Blended rate2.88%5.438%7.48%
1st payment$3,247.30$3,247.30$9,660.24
2nd payment$0.00$4,808.15$0.00
Taxes / mo$668.50$668.50$668.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$283.50
HOA / mo$7.50$7.50$7.50
Total monthly$4,139.96$8,948.12$10,836.40
Cash to close$901,988$157,500$157,500