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$540,785$540,785$550,980
Remaining term (yrs)24.424.430.0
Secondary amount$0$40,805$0
Funding fee$2,704$2,704$0
Note rate2.85%2.85%7.24%
Blended rate2.85%3.483%7.48%
1st payment$2,557.82$2,557.82$3,754.92
2nd payment$0.00$403.80$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.20
HOA / mo$36.67$36.67$36.67
Total monthly$3,012.32$3,416.12$4,319.62
Cash to close$71,415$30,610$61,220