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$434,450$434,450$593,460
Remaining term (yrs)24.824.830.0
Secondary amount$0$159,010$0
Funding fee$2,172$2,172$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.245%7.48%
1st payment$2,035.60$2,035.60$4,044.42
2nd payment$0.00$1,060.07$0.00
Taxes / mo$125.75$125.75$125.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.69
HOA / mo$0.00$0.00$0.00
Total monthly$2,328.02$3,388.09$4,455.53
Cash to close$224,950$65,940$65,940