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$705,357$705,357$720,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$54,643$0
Funding fee$3,527$3,527$0
Note rate2.374%2.374%7.24%
Blended rate2.374%3.057%7.48%
1st payment$3,097.15$3,097.15$4,906.79
2nd payment$0.00$540.74$0.00
Taxes / mo$517.58$517.58$517.58
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$144.00
HOA / mo$85.00$85.00$85.00
Total monthly$3,699.73$4,240.48$5,653.37
Cash to close$94,643$40,000$80,000