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$628,819$628,819$621,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$26,681$0
Funding fee$3,144$3,144$0
Note rate6.35%6.35%7.24%
Blended rate6.35%6.575%7.48%
1st payment$3,954.31$3,954.31$4,232.10
2nd payment$0.00$264.03$0.00
Taxes / mo$505.25$505.25$505.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$45.00$45.00$45.00
Total monthly$4,671.22$4,935.25$5,073.22
Cash to close$61,181$34,500$69,000