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$667,256$667,256$720,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$52,744$0
Funding fee$3,336$3,336$0
Note rate3.09%3.09%7.24%
Blended rate3.09%3.523%7.48%
1st payment$3,181.49$3,181.49$4,906.79
2nd payment$0.00$395.58$0.00
Taxes / mo$356.33$356.33$356.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$20.83$20.83$20.83
Total monthly$3,775.32$4,170.90$5,644.62
Cash to close$132,744$80,000$80,000