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$1,348,008$1,348,008$2,070,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$721,992$0
Funding fee$6,740$6,740$0
Note rate2.98%2.98%7.24%
Blended rate2.98%4.644%7.48%
1st payment$6,349.94$6,349.94$14,107.01
2nd payment$0.00$4,662.86$0.00
Taxes / mo$705.33$705.33$705.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$414.00
HOA / mo$47.92$47.92$47.92
Total monthly$7,319.86$11,982.73$15,490.93
Cash to close$951,992$230,000$230,000