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$452,775$452,775$470,700
Remaining term (yrs)25.125.130.0
Secondary amount$0$44,075$0
Funding fee$2,264$2,264$0
Note rate3.07%3.07%7.24%
Blended rate3.07%3.851%7.48%
1st payment$2,154.10$2,154.10$3,207.81
2nd payment$0.00$436.15$0.00
Taxes / mo$449.17$449.17$449.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.14
HOA / mo$19.58$19.58$19.58
Total monthly$2,789.52$3,225.67$3,937.37
Cash to close$70,225$26,150$52,300