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$598,718$598,718$692,909
Remaining term (yrs)28.128.130.0
Secondary amount$0$94,191$0
Funding fee$2,994$2,994$0
Note rate6.81%6.81%7.24%
Blended rate6.81%7.108%7.48%
1st payment$3,986.43$3,986.43$4,722.16
2nd payment$0.00$706.44$0.00
Taxes / mo$493.58$493.58$493.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.58
HOA / mo$0.00$0.00$0.00
Total monthly$4,696.68$5,403.11$5,570.99
Cash to close$171,181$76,990$76,990