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$462,294$462,294$486,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$50,706$0
Funding fee$2,311$2,311$0
Note rate6.5%6.5%7.24%
Blended rate6.5%7.031%7.48%
1st payment$2,938.17$2,938.17$3,312.08
2nd payment$0.00$501.78$0.00
Taxes / mo$246.00$246.00$246.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$41.33$41.33$41.33
Total monthly$3,392.16$3,893.94$3,863.28
Cash to close$77,706$27,000$54,000