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$454,419$454,419$1,012,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$558,081$0
Funding fee$2,272$2,272$0
Note rate2.8%2.8%7.24%
Blended rate2.8%5.528%7.48%
1st payment$2,112.80$2,112.80$6,900.17
2nd payment$0.00$3,604.28$0.00
Taxes / mo$645.33$645.33$645.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$202.50
HOA / mo$190.00$190.00$190.00
Total monthly$3,164.80$6,769.08$8,154.67
Cash to close$670,581$112,500$112,500