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$734,901$734,901$1,507,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$772,599$0
Funding fee$3,675$3,675$0
Note rate2.88%2.88%7.24%
Blended rate2.88%5.376%7.48%
1st payment$3,528.86$3,528.86$10,273.58
2nd payment$0.00$4,989.70$0.00
Taxes / mo$1,040.83$1,040.83$1,040.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$301.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,786.36$9,776.06$11,832.58
Cash to close$940,099$167,500$167,500