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$445,580$445,580$512,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$67,330$0
Funding fee$2,228$2,228$0
Note rate4.275%4.275%7.24%
Blended rate4.275%4.895%7.48%
1st payment$2,397.95$2,397.95$3,495.47
2nd payment$0.00$504.98$0.00
Taxes / mo$505.42$505.42$505.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$25.00$25.00$25.00
Total monthly$3,095.03$3,600.01$4,295.14
Cash to close$124,320$56,990$56,990