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$811,485$811,485$1,548,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$736,515$0
Funding fee$4,057$4,057$0
Note rate2.94%2.94%7.24%
Blended rate2.94%5.229%7.48%
1st payment$3,849.05$3,849.05$10,549.59
2nd payment$0.00$4,756.66$0.00
Taxes / mo$287.75$287.75$287.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$309.60
HOA / mo$3.33$3.33$3.33
Total monthly$4,356.80$9,113.45$11,366.94
Cash to close$908,515$172,000$172,000