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$423,936$423,936$485,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$61,974$0
Funding fee$2,120$2,120$0
Note rate6.58%6.58%7.24%
Blended rate6.58%6.889%7.48%
1st payment$2,731.98$2,731.98$3,311.47
2nd payment$0.00$464.80$0.00
Taxes / mo$230.17$230.17$230.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,128.82$3,593.62$3,805.48
Cash to close$115,964$53,990$53,990