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$996,435$996,435$1,169,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$172,665$0
Funding fee$4,982$4,982$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.722%7.48%
1st payment$6,447.09$6,447.09$7,967.39
2nd payment$0.00$1,151.10$0.00
Taxes / mo$533.92$533.92$533.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$29.17$29.17$29.17
Total monthly$7,226.85$8,377.95$8,980.97
Cash to close$302,565$129,900$129,900