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$421,063$421,063$625,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$204,437$0
Funding fee$2,105$2,105$0
Note rate2.84%2.84%7.24%
Blended rate2.84%4.445%7.48%
1st payment$1,961.86$1,961.86$4,262.77
2nd payment$0.00$1,320.32$0.00
Taxes / mo$399.33$399.33$399.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$59.67$59.67$59.67
Total monthly$2,587.53$3,907.86$5,013.54
Cash to close$273,937$69,500$69,500