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$803,186$803,186$1,034,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$231,724$0
Funding fee$4,016$4,016$0
Note rate2.78%2.78%7.24%
Blended rate2.78%3.893%7.48%
1st payment$3,743.55$3,743.55$7,052.89
2nd payment$0.00$1,496.55$0.00
Taxes / mo$106.33$106.33$106.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,066.55$5,563.11$7,582.87
Cash to close$346,714$114,990$114,990