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$287,091$287,091$386,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$99,009$0
Funding fee$1,435$1,435$0
Note rate3.75%3.75%7.24%
Blended rate3.75%5.096%7.48%
1st payment$1,546.95$1,546.95$2,631.26
2nd payment$0.00$742.57$0.00
Taxes / mo$273.25$273.25$273.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,970.20$2,712.76$3,131.73
Cash to close$141,909$42,900$42,900