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$571,011$571,011$720,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$148,989$0
Funding fee$2,855$2,855$0
Note rate2.88%2.88%7.24%
Blended rate2.88%3.939%7.48%
1st payment$2,654.23$2,654.23$4,906.79
2nd payment$0.00$993.26$0.00
Taxes / mo$294.50$294.50$294.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,165.40$4,158.65$5,561.95
Cash to close$228,989$80,000$80,000