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$390,888$390,888$1,260,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$869,112$0
Funding fee$1,954$1,954$0
Note rate2.65%2.65%7.24%
Blended rate2.65%6.168%7.48%
1st payment$1,813.34$1,813.34$8,586.88
2nd payment$0.00$5,613.02$0.00
Taxes / mo$426.08$426.08$426.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$252.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,456.09$8,069.11$9,481.63
Cash to close$1,009,112$140,000$140,000