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$589,064$589,064$891,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$301,936$0
Funding fee$2,945$2,945$0
Note rate3.34%3.34%7.24%
Blended rate3.34%4.834%7.48%
1st payment$2,989.79$2,989.79$6,072.15
2nd payment$0.00$1,950.00$0.00
Taxes / mo$452.33$452.33$452.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.20
HOA / mo$66.67$66.67$66.67
Total monthly$3,725.46$5,675.47$6,986.02
Cash to close$400,936$99,000$99,000