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$281,696$281,696$314,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$32,404$0
Funding fee$1,408$1,408$0
Note rate3.75%3.75%7.24%
Blended rate3.75%4.292%7.48%
1st payment$1,528.28$1,528.28$2,140.59
2nd payment$0.00$243.03$0.00
Taxes / mo$253.00$253.00$253.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$100.00$100.00$100.00
Total monthly$2,031.28$2,274.31$2,706.41
Cash to close$67,304$34,900$34,900