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$698,641$698,641$787,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$88,859$0
Funding fee$3,493$3,493$0
Note rate6.22%6.22%7.24%
Blended rate6.22%6.534%7.48%
1st payment$4,334.73$4,334.73$5,366.80
2nd payment$0.00$666.44$0.00
Taxes / mo$190.25$190.25$190.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$20.83$20.83$20.83
Total monthly$4,762.48$5,428.92$5,952.04
Cash to close$176,359$87,500$87,500