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$510,541$510,541$602,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$91,559$0
Funding fee$2,553$2,553$0
Note rate4.17%4.17%7.24%
Blended rate4.17%4.904%7.48%
1st payment$2,707.50$2,707.50$4,103.30
2nd payment$0.00$686.69$0.00
Taxes / mo$511.50$511.50$511.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$90.00$90.00$90.00
Total monthly$3,475.67$4,162.36$4,991.89
Cash to close$158,459$66,900$66,900