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$569,413$569,413$675,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$105,587$0
Funding fee$2,847$2,847$0
Note rate3.25%3.25%7.24%
Blended rate3.25%3.993%7.48%
1st payment$2,751.18$2,751.18$4,600.11
2nd payment$0.00$703.91$0.00
Taxes / mo$532.08$532.08$532.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$25.00$25.00$25.00
Total monthly$3,524.93$4,228.84$5,508.86
Cash to close$180,587$75,000$75,000