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	$341,479	$315,000
Remaining term (yrs)	29.6	30.0
Secondary amount	$0	$0
Funding fee	$1,707	$0
Note rate	6.3%	7.24%
Blended rate	6.3%	7.48%
1st payment	$2,121.70	$2,146.72
2nd payment	$0.00	$0.00
Taxes / mo	$146.08	$146.08
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$63.00
HOA / mo	$542.00	$542.00
Total monthly	$2,959.79	$3,047.80
Cash to close	$8,521	$35,000