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$369,443$369,443$611,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$242,467$0
Funding fee$1,847$1,847$0
Note rate2.77%2.77%7.24%
Blended rate2.77%4.743%7.48%
1st payment$1,712.03$1,712.03$4,170.16
2nd payment$0.00$1,565.93$0.00
Taxes / mo$520.75$520.75$520.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,399.45$3,965.38$4,979.95
Cash to close$310,457$67,990$67,990