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$508,694$508,694$819,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$310,306$0
Funding fee$2,543$2,543$0
Note rate3.18%3.18%7.24%
Blended rate3.18%4.912%7.48%
1st payment$2,521.63$2,521.63$5,581.47
2nd payment$0.00$2,004.06$0.00
Taxes / mo$780.83$780.83$780.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,519.13$5,523.19$6,742.77
Cash to close$401,306$91,000$91,000