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$589,069$589,069$607,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$52,181$0
Funding fee$2,945$2,945$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.937%7.48%
1st payment$3,811.37$3,811.37$4,140.10
2nd payment$0.00$516.38$0.00
Taxes / mo$410.67$410.67$410.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,388.70$4,905.08$4,838.93
Cash to close$85,931$33,750$67,500