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$663,090$663,090$800,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$137,010$0
Funding fee$3,315$3,315$0
Note rate3.51%3.51%7.24%
Blended rate3.51%4.279%7.48%
1st payment$3,282.46$3,282.46$5,452.67
2nd payment$0.00$913.40$0.00
Taxes / mo$334.13$334.13$334.13
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,833.26$4,746.67$6,163.49
Cash to close$225,910$88,900$88,900