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$420,045$420,045$688,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$268,455$0
Funding fee$2,100$2,100$0
Note rate2.68%2.68%7.24%
Blended rate2.68%4.657%7.48%
1st payment$1,959.73$1,959.73$4,692.11
2nd payment$0.00$1,733.77$0.00
Taxes / mo$482.33$482.33$482.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,658.73$4,392.51$5,528.81
Cash to close$344,955$76,500$76,500