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$176,689$176,689$450,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$273,311$0
Funding fee$883$883$0
Note rate3.23%3.23%7.24%
Blended rate3.23%5.975%7.48%
1st payment$888.66$888.66$3,066.74
2nd payment$0.00$1,765.14$0.00
Taxes / mo$241.50$241.50$241.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,296.82$3,061.96$3,564.91
Cash to close$323,311$50,000$50,000