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$529,308$529,308$700,110
Remaining term (yrs)24.624.630.0
Secondary amount$0$170,802$0
Funding fee$2,647$2,647$0
Note rate2.99%2.99%7.24%
Blended rate2.99%4.212%7.48%
1st payment$2,530.09$2,530.09$4,771.24
2nd payment$0.00$1,138.68$0.00
Taxes / mo$281.42$281.42$281.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,028.18$4,166.86$5,409.34
Cash to close$248,592$77,790$77,790