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$464,881$464,881$540,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$75,119$0
Funding fee$2,324$2,324$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.848%7.48%
1st payment$3,007.85$3,007.85$3,680.09
2nd payment$0.00$563.39$0.00
Taxes / mo$168.50$168.50$168.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$60.00$60.00$60.00
Total monthly$3,403.02$3,966.41$4,183.26
Cash to close$135,119$60,000$60,000