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$623,379$623,379$702,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$78,621$0
Funding fee$3,117$3,117$0
Note rate2.94%2.94%7.24%
Blended rate2.94%3.619%7.48%
1st payment$2,970.46$2,970.46$4,784.12
2nd payment$0.00$589.66$0.00
Taxes / mo$289.75$289.75$289.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.40
HOA / mo$33.33$33.33$33.33
Total monthly$3,510.21$4,099.87$5,464.26
Cash to close$156,621$78,000$78,000