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$582,146$582,146$877,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$295,354$0
Funding fee$2,911$2,911$0
Note rate2.94%2.94%7.24%
Blended rate2.94%4.559%7.48%
1st payment$2,754.94$2,754.94$5,980.15
2nd payment$0.00$1,907.50$0.00
Taxes / mo$555.50$555.50$555.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$90.67$90.67$90.67
Total monthly$3,617.78$5,525.27$7,018.48
Cash to close$392,854$97,500$97,500