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$469,147$469,147$585,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$115,853$0
Funding fee$2,346$2,346$0
Note rate2.81%2.81%7.24%
Blended rate2.81%3.838%7.48%
1st payment$2,209.36$2,209.36$3,986.76
2nd payment$0.00$772.36$0.00
Taxes / mo$322.08$322.08$322.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$443.00$443.00$443.00
Total monthly$3,141.11$3,913.47$5,035.51
Cash to close$180,853$65,000$65,000