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$497,850$497,850$715,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$217,650$0
Funding fee$2,489$2,489$0
Note rate2.89%2.89%7.24%
Blended rate2.89%4.368%7.48%
1st payment$2,387.43$2,387.43$4,876.12
2nd payment$0.00$1,405.65$0.00
Taxes / mo$311.92$311.92$311.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$3.08$3.08$3.08
Total monthly$2,919.09$4,324.74$5,550.88
Cash to close$297,150$79,500$79,500