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$437,916$437,916$809,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$371,184$0
Funding fee$2,190$2,190$0
Note rate2.9%2.9%7.24%
Blended rate2.9%5.125%7.48%
1st payment$2,068.08$2,068.08$5,514.00
2nd payment$0.00$2,397.23$0.00
Taxes / mo$379.42$379.42$379.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$58.33$58.33$58.33
Total monthly$2,722.49$5,119.73$6,330.23
Cash to close$461,084$89,900$89,900