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$1,366,298$1,366,298$1,795,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$429,202$0
Funding fee$6,831$6,831$0
Note rate6.96%6.96%7.24%
Blended rate6.96%7.149%7.48%
1st payment$9,276.66$9,276.66$12,236.30
2nd payment$0.00$2,771.93$0.00
Taxes / mo$1,040.00$1,040.00$1,040.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.10
HOA / mo$58.00$58.00$58.00
Total monthly$10,591.32$13,363.25$13,910.07
Cash to close$628,702$199,500$199,500