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$727,262$727,262$1,215,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$487,738$0
Funding fee$3,636$3,636$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.835%7.48%
1st payment$3,411.32$3,411.32$8,280.20
2nd payment$0.00$3,149.97$0.00
Taxes / mo$491.33$491.33$491.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,119.32$7,269.29$9,231.20
Cash to close$622,738$135,000$135,000