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$396,891$396,891$877,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$480,609$0
Funding fee$1,984$1,984$0
Note rate2.89%2.89%7.24%
Blended rate2.89%5.552%7.48%
1st payment$1,907.83$1,907.83$5,980.15
2nd payment$0.00$3,103.93$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,416.17$5,520.10$6,663.98
Cash to close$578,109$97,500$97,500