Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$497,449	$463,500
Remaining term (yrs)	25.7	30.0
Secondary amount	$0	$0
Funding fee	$2,487	$0
Note rate	5.81%	7.24%
Blended rate	5.81%	7.48%
1st payment	$3,102.65	$3,158.74
2nd payment	$0.00	$0.00
Taxes / mo	$351.58	$351.58
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$92.70
HOA / mo	$25.00	$25.00
Total monthly	$3,645.90	$3,794.69
Cash to close	$17,551	$51,500