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$50,308$50,308$395,100
Remaining term (yrs)2.92.930.0
Secondary amount$0$344,792$0
Funding fee$252$252$0
Note rate3.25%3.25%7.24%
Blended rate3.25%7.177%7.48%
1st payment$1,468.58$1,468.58$2,692.60
2nd payment$0.00$2,226.78$0.00
Taxes / mo$218.75$218.75$218.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,837.33$4,064.11$3,140.37
Cash to close$388,692$43,900$43,900