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$429,348$429,348$481,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$52,152$0
Funding fee$2,147$2,147$0
Note rate6.36%6.36%7.24%
Blended rate6.36%6.646%7.48%
1st payment$2,803.00$2,803.00$3,281.41
2nd payment$0.00$391.14$0.00
Taxes / mo$300.83$300.83$300.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,270.50$3,661.64$3,845.21
Cash to close$105,652$53,500$53,500