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	$358,939	$359,100
Remaining term (yrs)	26.3	30.0
Secondary amount	$0	$0
Funding fee	$1,795	$0
Note rate	6.12%	7.24%
Blended rate	6.12%	7.48%
1st payment	$2,286.44	$2,447.26
2nd payment	$0.00	$0.00
Taxes / mo	$280.42	$280.42
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$71.82
HOA / mo	$41.67	$41.67
Total monthly	$2,758.52	$2,991.17
Cash to close	$40,061	$39,900