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$708,824$708,824$1,017,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$308,176$0
Funding fee$3,544$3,544$0
Note rate2.77%2.77%7.24%
Blended rate2.77%4.279%7.48%
1st payment$3,331.51$3,331.51$6,930.84
2nd payment$0.00$1,990.30$0.00
Taxes / mo$534.33$534.33$534.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$203.40
HOA / mo$138.00$138.00$138.00
Total monthly$4,220.51$6,210.81$8,023.24
Cash to close$421,176$113,000$113,000