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$737,470$737,470$1,561,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$824,030$0
Funding fee$3,687$3,687$0
Note rate3.04%3.04%7.24%
Blended rate3.04%5.526%7.48%
1st payment$3,602.00$3,602.00$10,641.59
2nd payment$0.00$5,321.86$0.00
Taxes / mo$1,040.83$1,040.83$1,040.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$312.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,859.50$10,181.36$12,211.39
Cash to close$997,530$173,500$173,500