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$1,006,644$1,006,644$1,102,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$95,856$0
Funding fee$5,033$5,033$0
Note rate2.83%2.83%7.24%
Blended rate2.83%3.366%7.48%
1st payment$4,784.90$4,784.90$7,513.52
2nd payment$0.00$718.92$0.00
Taxes / mo$619.67$619.67$619.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$220.50
HOA / mo$4.17$4.17$4.17
Total monthly$5,625.40$6,344.32$8,574.52
Cash to close$218,356$122,500$122,500