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$436,822$436,822$585,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$148,178$0
Funding fee$2,184$2,184$0
Note rate2.81%2.81%7.24%
Blended rate2.81%4.125%7.48%
1st payment$2,057.13$2,057.13$3,986.76
2nd payment$0.00$987.86$0.00
Taxes / mo$296.33$296.33$296.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$48.00$48.00$48.00
Total monthly$2,568.13$3,555.99$4,614.76
Cash to close$213,178$65,000$65,000