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$140,817$140,817$315,000
Remaining term (yrs)19.319.330.0
Secondary amount$0$174,183$0
Funding fee$704$704$0
Note rate3.72%3.72%7.24%
Blended rate3.72%6.087%7.48%
1st payment$849.58$849.58$2,146.72
2nd payment$0.00$1,161.22$0.00
Taxes / mo$276.42$276.42$276.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$325.00$325.00$325.00
Total monthly$1,601.00$2,762.21$2,961.14
Cash to close$209,183$35,000$35,000