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$544,959$544,959$550,800
Remaining term (yrs)27.927.930.0
Secondary amount$0$36,441$0
Funding fee$2,725$2,725$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.837%7.48%
1st payment$3,525.97$3,525.97$3,753.69
2nd payment$0.00$360.61$0.00
Taxes / mo$285.58$285.58$285.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.16
HOA / mo$16.67$16.67$16.67
Total monthly$3,994.89$4,355.51$4,332.77
Cash to close$67,041$30,600$61,200