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$407,992$407,992$429,300
Remaining term (yrs)24.424.430.0
Secondary amount$0$45,158$0
Funding fee$2,040$2,040$0
Note rate2.81%2.81%7.24%
Blended rate2.81%3.713%7.48%
1st payment$1,921.36$1,921.36$2,925.67
2nd payment$0.00$446.88$0.00
Taxes / mo$275.83$275.83$275.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.86
HOA / mo$104.00$104.00$104.00
Total monthly$2,467.86$2,914.74$3,558.03
Cash to close$69,008$23,850$47,700