HQ Homes
Call Tony

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$557,978$414,000
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,790$0
Note rate6.5%7.24%
Blended rate6.5%7.48%
1st payment$3,595.26$2,821.40
2nd payment$0.00$0.00
Taxes / mo$505.83$505.83
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$40.00$40.00
Total monthly$4,307.76$3,616.70
Cash to close$0$46,000