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$636,155$636,155$1,169,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$532,945$0
Funding fee$3,181$3,181$0
Note rate2.25%2.25%7.24%
Blended rate2.25%4.757%7.48%
1st payment$2,845.82$2,845.82$7,967.39
2nd payment$0.00$3,441.94$0.00
Taxes / mo$691.00$691.00$691.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$87.00$87.00$87.00
Total monthly$3,840.49$7,282.43$9,195.88
Cash to close$662,845$129,900$129,900