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$275,859$275,859$787,500
Remaining term (yrs)15.515.530.0
Secondary amount$0$511,641$0
Funding fee$1,379$1,379$0
Note rate3.95%3.95%7.24%
Blended rate3.95%6.419%7.48%
1st payment$1,977.84$1,977.84$5,366.80
2nd payment$0.00$3,304.35$0.00
Taxes / mo$695.00$695.00$695.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$70.00$70.00$70.00
Total monthly$2,959.50$6,263.85$6,505.96
Cash to close$599,141$87,500$87,500