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$485,995$485,995$620,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$134,915$0
Funding fee$2,430$2,430$0
Note rate2.84%2.84%7.24%
Blended rate2.84%3.961%7.48%
1st payment$2,264.40$2,264.40$4,231.49
2nd payment$0.00$899.43$0.00
Taxes / mo$396.08$396.08$396.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,827.15$3,726.59$4,918.42
Cash to close$203,905$68,990$68,990