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$515,286$515,286$1,125,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$609,714$0
Funding fee$2,576$2,576$0
Note rate2.87%2.87%7.24%
Blended rate2.87%5.515%7.48%
1st payment$2,483.63$2,483.63$7,666.85
2nd payment$0.00$3,937.74$0.00
Taxes / mo$398.42$398.42$398.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$9.17$9.17$9.17
Total monthly$3,107.88$7,045.62$8,516.11
Cash to close$734,714$125,000$125,000