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$635,928$635,928$651,600
Remaining term (yrs)27.827.830.0
Secondary amount$0$51,872$0
Funding fee$3,180$3,180$0
Note rate6.85%6.85%7.24%
Blended rate6.85%7.229%7.48%
1st payment$4,263.40$4,263.40$4,440.64
2nd payment$0.00$513.32$0.00
Taxes / mo$322.50$322.50$322.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.32
HOA / mo$92.00$92.00$92.00
Total monthly$4,894.57$5,407.89$5,202.13
Cash to close$88,072$36,200$72,400