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$486,177$486,177$666,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$179,823$0
Funding fee$2,431$2,431$0
Note rate3.05%3.05%7.24%
Blended rate3.05%4.387%7.48%
1st payment$2,249.38$2,249.38$4,538.78
2nd payment$0.00$1,198.82$0.00
Taxes / mo$117.58$117.58$117.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,583.63$3,782.44$5,006.23
Cash to close$253,823$74,000$74,000