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$452,352$452,352$855,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$402,648$0
Funding fee$2,262$2,262$0
Note rate3.06%3.06%7.24%
Blended rate3.06%5.269%7.48%
1st payment$2,178.70$2,178.70$5,826.81
2nd payment$0.00$2,600.43$0.00
Taxes / mo$201.67$201.67$201.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,597.03$5,197.47$6,416.14
Cash to close$497,648$95,000$95,000