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$678,371$678,371$1,503,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$824,629$0
Funding fee$3,392$3,392$0
Note rate6.27%6.27%7.24%
Blended rate6.27%7.082%7.48%
1st payment$4,226.58$4,226.58$10,242.92
2nd payment$0.00$5,325.73$0.00
Taxes / mo$1,108.33$1,108.33$1,108.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$300.60
HOA / mo$150.00$150.00$150.00
Total monthly$5,701.58$11,027.31$12,018.52
Cash to close$991,629$167,000$167,000