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$294,483$294,483$675,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$380,517$0
Funding fee$1,472$1,472$0
Note rate3.16%3.16%7.24%
Blended rate3.16%5.748%7.48%
1st payment$1,466.90$1,466.90$4,600.11
2nd payment$0.00$2,457.51$0.00
Taxes / mo$371.75$371.75$371.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,055.32$4,512.83$5,323.53
Cash to close$455,517$75,000$75,000