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$788,605$788,605$1,035,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$246,395$0
Funding fee$3,943$3,943$0
Note rate2.77%2.77%7.24%
Blended rate2.77%3.956%7.48%
1st payment$3,715.37$3,715.37$7,053.51
2nd payment$0.00$1,591.30$0.00
Taxes / mo$451.50$451.50$451.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$5.00$5.00$5.00
Total monthly$4,388.53$5,979.83$7,933.67
Cash to close$361,395$115,000$115,000