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$579,184$579,184$855,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$275,816$0
Funding fee$2,896$2,896$0
Note rate2.79%2.79%7.24%
Blended rate2.79%4.39%7.48%
1st payment$2,689.93$2,689.93$5,826.81
2nd payment$0.00$1,781.31$0.00
Taxes / mo$206.92$206.92$206.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,113.51$4,894.82$6,421.39
Cash to close$370,816$95,000$95,000