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$513,344$513,344$553,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$40,156$0
Funding fee$2,567$2,567$0
Note rate6.73%6.73%7.24%
Blended rate6.73%6.895%7.48%
1st payment$3,460.15$3,460.15$3,772.09
2nd payment$0.00$301.17$0.00
Taxes / mo$465.33$465.33$465.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$7.00$7.00$7.00
Total monthly$4,099.15$4,400.32$4,521.79
Cash to close$101,656$61,500$61,500