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$209,807$209,807$346,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$136,693$0
Funding fee$1,049$1,049$0
Note rate2.86%2.86%7.24%
Blended rate2.86%4.888%7.48%
1st payment$979.72$979.72$2,361.39
2nd payment$0.00$911.29$0.00
Taxes / mo$192.17$192.17$192.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$315.00$315.00$315.00
Total monthly$1,636.89$2,548.17$3,087.86
Cash to close$175,193$38,500$38,500