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$205,715$205,715$742,500
Remaining term (yrs)15.315.330.0
Secondary amount$0$536,785$0
Funding fee$1,029$1,029$0
Note rate3.93%3.93%7.24%
Blended rate3.93%6.692%7.48%
1st payment$1,484.40$1,484.40$5,060.12
2nd payment$0.00$3,466.74$0.00
Taxes / mo$263.00$263.00$263.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$110.00$110.00$110.00
Total monthly$2,074.07$5,540.81$5,798.29
Cash to close$619,285$82,500$82,500