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$439,930$439,930$675,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$235,070$0
Funding fee$2,200$2,200$0
Note rate3.64%3.64%7.24%
Blended rate3.64%5.071%7.48%
1st payment$2,350.05$2,350.05$4,600.11
2nd payment$0.00$1,518.16$0.00
Taxes / mo$237.67$237.67$237.67
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$2,804.38$4,322.54$5,189.45
Cash to close$310,070$75,000$75,000