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$361,749$361,749$517,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$155,751$0
Funding fee$1,809$1,809$0
Note rate5.52%5.52%7.24%
Blended rate5.52%6.266%7.48%
1st payment$2,192.58$2,192.58$3,526.75
2nd payment$0.00$1,038.34$0.00
Taxes / mo$495.75$495.75$495.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$121.00$121.00$121.00
Total monthly$2,976.00$4,014.33$4,413.67
Cash to close$213,251$57,500$57,500