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$419,863$419,863$673,650
Remaining term (yrs)24.224.230.0
Secondary amount$0$253,787$0
Funding fee$2,099$2,099$0
Note rate2.66%2.66%7.24%
Blended rate2.66%4.578%7.48%
1st payment$1,954.63$1,954.63$4,590.91
2nd payment$0.00$1,639.04$0.00
Taxes / mo$482.33$482.33$482.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,653.63$4,292.67$5,424.64
Cash to close$328,637$74,850$74,850