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$420,713$420,713$553,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$132,787$0
Funding fee$2,104$2,104$0
Note rate3.06%3.06%7.24%
Blended rate3.06%4.245%7.48%
1st payment$2,021.74$2,021.74$3,772.09
2nd payment$0.00$885.24$0.00
Taxes / mo$371.25$371.25$371.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$16.67$16.67$16.67
Total monthly$2,576.33$3,461.58$4,437.38
Cash to close$194,287$61,500$61,500