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$330,945$330,945$359,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$28,155$0
Funding fee$1,655$1,655$0
Note rate3.09%3.09%7.24%
Blended rate3.09%3.553%7.48%
1st payment$1,577.95$1,577.95$2,447.26
2nd payment$0.00$211.17$0.00
Taxes / mo$178.50$178.50$178.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,906.45$2,117.62$2,847.58
Cash to close$68,055$39,900$39,900