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$1,101,560$1,101,560$1,120,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$81,190$0
Funding fee$5,551$5,551$0
Note rate4%4%7.24%
Blended rate4%4.537%7.48%
1st payment$5,728.98$5,728.98$7,636.19
2nd payment$0.00$803.44$0.00
Taxes / mo$359.42$359.42$359.42
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$224.10
HOA / mo$140.00$140.00$140.00
Total monthly$6,228.40$7,031.84$8,359.70
Cash to close$143,440$62,250$124,500