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$73,186$73,186$526,500
Remaining term (yrs)13.513.530.0
Secondary amount$0$453,314$0
Funding fee$366$366$0
Note rate5.82%5.82%7.24%
Blended rate5.82%7.482%7.48%
1st payment$650.65$650.65$3,588.09
2nd payment$0.00$2,927.65$0.00
Taxes / mo$451.50$451.50$451.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$35.00$35.00$35.00
Total monthly$1,303.81$4,231.47$4,346.55
Cash to close$511,814$58,500$58,500