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$393,988$393,988$688,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$294,512$0
Funding fee$1,970$1,970$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.963%7.48%
1st payment$1,887.34$1,887.34$4,692.11
2nd payment$0.00$1,902.05$0.00
Taxes / mo$409.58$409.58$409.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,513.59$4,415.64$5,456.06
Cash to close$371,012$76,500$76,500