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$348,390$348,390$1,034,100
Remaining term (yrs)20.520.530.0
Secondary amount$0$685,710$0
Funding fee$1,742$1,742$0
Note rate4.3%4.3%7.24%
Blended rate4.3%6.588%7.48%
1st payment$2,127.95$2,127.95$7,047.37
2nd payment$0.00$4,428.55$0.00
Taxes / mo$423.23$423.23$423.23
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.82
HOA / mo$33.33$33.33$33.33
Total monthly$2,801.17$7,229.72$7,927.42
Cash to close$800,610$114,900$114,900