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$30,825$30,825$521,910
Remaining term (yrs)5.85.830.0
Secondary amount$0$491,085$0
Funding fee$154$154$0
Note rate4.61%4.61%7.24%
Blended rate4.61%7.565%7.48%
1st payment$496.89$496.89$3,556.81
2nd payment$0.00$3,171.59$0.00
Taxes / mo$229.33$229.33$229.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$0.00$0.00$0.00
Total monthly$892.89$4,064.48$4,057.19
Cash to close$549,075$57,990$57,990