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$544,241$544,241$540,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$25,759$0
Funding fee$2,721$2,721$0
Note rate5%5%7.24%
Blended rate5%5.311%7.48%
1st payment$3,140.18$3,140.18$3,680.09
2nd payment$0.00$254.90$0.00
Taxes / mo$246.67$246.67$246.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$80.00$80.00$80.00
Total monthly$3,633.51$3,888.41$4,281.42
Cash to close$55,759$30,000$60,000