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$446,333$446,333$458,100
Remaining term (yrs)26.226.230.0
Secondary amount$0$37,217$0
Funding fee$2,232$2,232$0
Note rate6.31%6.31%7.24%
Blended rate6.31%6.738%7.48%
1st payment$2,899.84$2,899.84$3,121.94
2nd payment$0.00$368.29$0.00
Taxes / mo$200.92$200.92$200.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,267.43$3,635.72$3,581.15
Cash to close$62,667$25,450$50,900