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$423,493$423,493$484,110
Remaining term (yrs)24.424.430.0
Secondary amount$0$60,617$0
Funding fee$2,117$2,117$0
Note rate2.81%2.81%7.24%
Blended rate2.81%3.585%7.48%
1st payment$1,994.36$1,994.36$3,299.20
2nd payment$0.00$454.62$0.00
Taxes / mo$463.42$463.42$463.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,624.45$3,079.07$4,026.11
Cash to close$114,407$53,790$53,790