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$475,650$475,650$787,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$311,850$0
Funding fee$2,378$2,378$0
Note rate2.7%2.7%7.24%
Blended rate2.7%4.7%7.48%
1st payment$2,218.62$2,218.62$5,366.80
2nd payment$0.00$2,014.03$0.00
Taxes / mo$464.25$464.25$464.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$105.00$105.00$105.00
Total monthly$3,004.54$5,018.57$6,310.21
Cash to close$399,350$87,500$87,500