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$399,761$399,761$1,124,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$724,339$0
Funding fee$1,999$1,999$0
Note rate5.52%5.52%7.24%
Blended rate5.52%6.957%7.48%
1st payment$2,422.97$2,422.97$7,660.72
2nd payment$0.00$4,678.02$0.00
Taxes / mo$205.17$205.17$205.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$224.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,844.80$7,522.83$8,307.37
Cash to close$849,239$124,900$124,900