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$763,127$763,127$1,125,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$361,873$0
Funding fee$3,816$3,816$0
Note rate2.83%2.83%7.24%
Blended rate2.83%4.413%7.48%
1st payment$3,601.62$3,601.62$7,666.85
2nd payment$0.00$2,337.10$0.00
Taxes / mo$890.33$890.33$890.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$54.17$54.17$54.17
Total monthly$4,762.79$7,099.89$9,053.02
Cash to close$486,873$125,000$125,000