HQ Homes
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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$568,080$568,080$1,210,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$642,420$0
Funding fee$2,840$2,840$0
Note rate2.89%2.89%7.24%
Blended rate2.89%5.469%7.48%
1st payment$2,724.21$2,724.21$8,249.53
2nd payment$0.00$4,148.96$0.00
Taxes / mo$528.83$528.83$528.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,469.71$7,618.67$9,237.13
Cash to close$776,920$134,500$134,500