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$681,459$681,459$765,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$83,541$0
Funding fee$3,407$3,407$0
Note rate3.75%3.75%7.24%
Blended rate3.75%4.323%7.48%
1st payment$3,455.43$3,455.43$5,213.46
2nd payment$0.00$626.56$0.00
Taxes / mo$366.25$366.25$366.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$7.50$7.50$7.50
Total monthly$4,045.84$4,672.40$5,956.88
Cash to close$168,541$85,000$85,000