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	$393,745	$373,500
Remaining term (yrs)	29.4	30.0
Secondary amount	$0	$0
Funding fee	$1,969	$0
Note rate	6.09%	7.24%
Blended rate	6.09%	7.48%
1st payment	$2,397.79	$2,545.40
2nd payment	$0.00	$0.00
Taxes / mo	$189.75	$189.75
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$74.70
HOA / mo	$0.00	$0.00
Total monthly	$2,737.54	$2,959.85
Cash to close	$21,255	$41,500