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$480,427$480,427$504,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$51,573$0
Funding fee$2,402$2,402$0
Note rate6.64%6.64%7.24%
Blended rate6.64%7.147%7.48%
1st payment$3,175.17$3,175.17$3,434.75
2nd payment$0.00$510.36$0.00
Taxes / mo$165.00$165.00$165.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$7.42$7.42$7.42
Total monthly$3,514.26$4,024.61$3,874.64
Cash to close$79,573$28,000$56,000