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$236,518$236,518$896,400
Remaining term (yrs)24.324.330.0
Secondary amount$0$659,882$0
Funding fee$1,183$1,183$0
Note rate2.7%2.7%7.24%
Blended rate2.7%6.418%7.48%
1st payment$1,103.21$1,103.21$6,108.95
2nd payment$0.00$4,261.74$0.00
Taxes / mo$461.67$461.67$461.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.28
HOA / mo$3.00$3.00$3.00
Total monthly$1,784.55$6,046.28$6,969.56
Cash to close$759,482$99,600$99,600