Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$581,316	$540,000
Remaining term (yrs)	26.3	30.0
Secondary amount	$0	$0
Funding fee	$2,907	$0
Note rate	6.33%	7.24%
Blended rate	6.33%	7.48%
1st payment	$3,779.51	$3,680.09
2nd payment	$0.00	$0.00
Taxes / mo	$305.83	$305.83
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$108.00
HOA / mo	$0.00	$0.00
Total monthly	$4,252.01	$4,260.59
Cash to close	$18,684	$60,000