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$693,129$693,129$697,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$43,121$0
Funding fee$3,466$3,466$0
Note rate6.85%6.85%7.24%
Blended rate6.85%7.144%7.48%
1st payment$4,646.90$4,646.90$4,753.45
2nd payment$0.00$426.72$0.00
Taxes / mo$400.20$400.20$400.20
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$8.33$8.33$8.33
Total monthly$5,272.09$5,698.81$5,518.15
Cash to close$81,871$38,750$77,500