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$535,102$535,102$585,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$49,898$0
Funding fee$2,676$2,676$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.116%7.48%
1st payment$3,637.03$3,637.03$3,986.76
2nd payment$0.00$374.23$0.00
Taxes / mo$578.42$578.42$578.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$30.00$30.00$30.00
Total monthly$4,412.11$4,786.35$4,878.85
Cash to close$114,898$65,000$65,000