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$693,565$693,565$1,395,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$701,435$0
Funding fee$3,468$3,468$0
Note rate3.18%3.18%7.24%
Blended rate3.18%5.478%7.48%
1st payment$3,438.05$3,438.05$9,506.90
2nd payment$0.00$4,530.10$0.00
Taxes / mo$613.48$613.48$613.48
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$279.00
HOA / mo$20.83$20.83$20.83
Total monthly$4,289.02$8,819.12$10,636.87
Cash to close$856,435$155,000$155,000