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$571,034$571,034$693,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$121,966$0
Funding fee$2,855$2,855$0
Note rate6.54%6.54%7.24%
Blended rate6.54%6.797%7.48%
1st payment$3,779.64$3,779.64$4,722.78
2nd payment$0.00$813.11$0.00
Taxes / mo$223.92$223.92$223.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$3.33$3.33$3.33
Total monthly$4,223.56$5,036.67$5,305.30
Cash to close$198,966$77,000$77,000