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$582,075$582,075$1,214,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$632,025$0
Funding fee$2,910$2,910$0
Note rate3.04%3.04%7.24%
Blended rate3.04%5.492%7.48%
1st payment$2,797.43$2,797.43$8,274.07
2nd payment$0.00$4,081.83$0.00
Taxes / mo$392.08$392.08$392.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.82
HOA / mo$26.42$26.42$26.42
Total monthly$3,432.60$7,514.43$9,152.06
Cash to close$766,925$134,900$134,900