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$403,213$403,213$427,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$47,942$0
Funding fee$2,016$2,016$0
Note rate5.41%5.41%7.24%
Blended rate5.41%6.097%7.48%
1st payment$2,410.10$2,410.10$2,912.79
2nd payment$0.00$474.43$0.00
Taxes / mo$322.67$322.67$322.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$30.00$30.00$30.00
Total monthly$2,929.43$3,403.86$3,517.61
Cash to close$71,687$23,745$47,490