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$594,475$594,475$620,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$25,625$0
Funding fee$2,972$2,972$0
Note rate4.17%4.17%7.24%
Blended rate4.17%4.37%7.48%
1st payment$3,152.62$3,152.62$4,225.97
2nd payment$0.00$192.19$0.00
Taxes / mo$227.08$227.08$227.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,546.37$3,738.56$4,743.74
Cash to close$94,525$68,900$68,900