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$1,158,577$1,158,577$1,165,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$71,673$0
Funding fee$5,793$5,793$0
Note rate3.75%3.75%7.24%
Blended rate3.75%4.223%7.48%
1st payment$5,874.71$5,874.71$7,942.86
2nd payment$0.00$709.27$0.00
Taxes / mo$523.75$523.75$523.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$0.00$0.00$0.00
Total monthly$6,615.13$7,324.40$8,916.38
Cash to close$136,423$64,750$129,500