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$546,096$546,096$666,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$119,904$0
Funding fee$2,730$2,730$0
Note rate4.17%4.17%7.24%
Blended rate4.17%4.86%7.48%
1st payment$2,896.06$2,896.06$4,538.78
2nd payment$0.00$799.36$0.00
Taxes / mo$294.08$294.08$294.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$82.00$82.00$82.00
Total monthly$3,488.81$4,288.17$5,264.73
Cash to close$193,904$74,000$74,000