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$469,484$469,484$562,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$93,016$0
Funding fee$2,347$2,347$0
Note rate6.85%6.85%7.24%
Blended rate6.85%7.206%7.48%
1st payment$3,147.52$3,147.52$3,833.43
2nd payment$0.00$697.62$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$2.08$2.08$2.08
Total monthly$3,518.35$4,215.98$4,316.76
Cash to close$155,516$62,500$62,500