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$560,103$560,103$886,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$326,397$0
Funding fee$2,801$2,801$0
Note rate2.625%2.625%7.24%
Blended rate2.625%4.512%7.48%
1st payment$2,566.35$2,566.35$6,041.48
2nd payment$0.00$2,107.98$0.00
Taxes / mo$534.67$534.67$534.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,317.68$5,425.66$6,970.11
Cash to close$424,897$98,500$98,500