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$518,257$518,257$530,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$42,148$0
Funding fee$2,591$2,591$0
Note rate3.05%3.05%7.24%
Blended rate3.05%3.714%7.48%
1st payment$2,454.82$2,454.82$3,618.14
2nd payment$0.00$417.09$0.00
Taxes / mo$368.08$368.08$368.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,989.57$3,406.66$4,259.07
Cash to close$71,643$29,495$58,990