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$457,537$457,537$472,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$41,213$0
Funding fee$2,288$2,288$0
Note rate6.34%6.34%7.24%
Blended rate6.34%6.797%7.48%
1st payment$2,966.83$2,966.83$3,220.08
2nd payment$0.00$407.84$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$23.42$23.42$23.42
Total monthly$3,461.09$3,868.93$3,808.83
Cash to close$67,463$26,250$52,500