Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$381,983	$328,500
Remaining term (yrs)	24.4	30.0
Secondary amount	$0	$0
Funding fee	$1,910	$0
Note rate	3.1%	7.24%
Blended rate	3.1%	7.48%
1st payment	$1,856.12	$2,238.72
2nd payment	$0.00	$0.00
Taxes / mo	$242.08	$242.08
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$65.70
HOA / mo	$0.00	$0.00
Total monthly	$2,248.20	$2,696.50
Cash to close	$0	$36,500