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$510,422$510,422$895,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$385,078$0
Funding fee$2,552$2,552$0
Note rate2.83%2.83%7.24%
Blended rate2.83%4.946%7.48%
1st payment$2,414.67$2,414.67$6,102.82
2nd payment$0.00$2,486.96$0.00
Taxes / mo$296.83$296.83$296.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,928.17$5,415.13$6,795.42
Cash to close$484,578$99,500$99,500