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$198,235$198,235$359,910
Remaining term (yrs)18.518.530.0
Secondary amount$0$161,675$0
Funding fee$991$991$0
Note rate3.77%3.77%7.24%
Blended rate3.77%5.67%7.48%
1st payment$1,237.74$1,237.74$2,452.78
2nd payment$0.00$1,077.84$0.00
Taxes / mo$150.25$150.25$150.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,537.99$2,615.83$2,825.01
Cash to close$201,665$39,990$39,990