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$495,315$495,315$1,798,200
Remaining term (yrs)24.724.730.0
Secondary amount$0$1,302,885$0
Funding fee$2,477$2,477$0
Note rate2.375%2.375%7.24%
Blended rate2.375%6.269%7.48%
1st payment$2,201.79$2,201.79$12,254.70
2nd payment$0.00$8,414.47$0.00
Taxes / mo$1,033.55$1,033.55$1,033.55
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.64
HOA / mo$0.00$0.00$0.00
Total monthly$3,452.00$11,866.47$13,864.56
Cash to close$1,502,685$199,800$199,800