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$1,059,318$1,059,318$1,507,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$448,182$0
Funding fee$5,297$5,297$0
Note rate2.76%2.76%7.24%
Blended rate2.76%4.244%7.48%
1st payment$4,892.17$4,892.17$10,273.58
2nd payment$0.00$2,894.51$0.00
Taxes / mo$1,665.75$1,665.75$1,665.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$301.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,774.59$9,669.10$12,457.50
Cash to close$615,682$167,500$167,500