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$457,330$457,330$517,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$60,170$0
Funding fee$2,287$2,287$0
Note rate3.85%3.85%7.24%
Blended rate3.85%4.449%7.48%
1st payment$2,344.04$2,344.04$3,526.75
2nd payment$0.00$451.28$0.00
Taxes / mo$91.67$91.67$91.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,602.37$3,053.65$3,888.59
Cash to close$117,670$57,500$57,500