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$421,884$421,884$540,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$118,116$0
Funding fee$2,109$2,109$0
Note rate5.23%5.23%7.24%
Blended rate5.23%5.836%7.48%
1st payment$2,487.61$2,487.61$3,680.09
2nd payment$0.00$787.44$0.00
Taxes / mo$340.00$340.00$340.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,994.28$3,781.72$4,294.76
Cash to close$178,116$60,000$60,000