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$94,647$94,647$585,000
Remaining term (yrs)4.84.830.0
Secondary amount$0$490,353$0
Funding fee$473$473$0
Note rate2.75%2.75%7.24%
Blended rate2.75%6.941%7.48%
1st payment$1,716.91$1,716.91$3,986.76
2nd payment$0.00$3,166.86$0.00
Taxes / mo$432.92$432.92$432.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$392.00$392.00$392.00
Total monthly$2,708.50$5,875.36$5,095.35
Cash to close$555,353$65,000$65,000