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$460,478$460,478$495,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$34,522$0
Funding fee$2,302$2,302$0
Note rate3.07%3.07%7.24%
Blended rate3.07%3.484%7.48%
1st payment$2,190.75$2,190.75$3,373.42
2nd payment$0.00$258.91$0.00
Taxes / mo$268.58$268.58$268.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$9.17$9.17$9.17
Total monthly$2,635.17$2,894.08$3,916.84
Cash to close$89,522$55,000$55,000