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$507,656$507,656$809,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$301,444$0
Funding fee$2,538$2,538$0
Note rate2.99%2.99%7.24%
Blended rate2.99%4.763%7.48%
1st payment$2,426.60$2,426.60$5,514.00
2nd payment$0.00$1,946.83$0.00
Taxes / mo$282.25$282.25$282.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,925.51$4,872.34$6,174.74
Cash to close$391,344$89,900$89,900