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$387,062$387,062$427,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$40,438$0
Funding fee$1,935$1,935$0
Note rate3.69%3.69%7.24%
Blended rate3.69%4.192%7.48%
1st payment$1,953.80$1,953.80$2,913.40
2nd payment$0.00$303.29$0.00
Taxes / mo$285.83$285.83$285.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,406.30$2,709.59$3,451.40
Cash to close$87,938$47,500$47,500