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$368,641$368,641$710,550
Remaining term (yrs)23.723.730.0
Secondary amount$0$341,909$0
Funding fee$1,843$1,843$0
Note rate3%3%7.24%
Blended rate3%5.286%7.48%
1st payment$1,805.75$1,805.75$4,842.39
2nd payment$0.00$2,208.16$0.00
Taxes / mo$448.33$448.33$448.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.11
HOA / mo$45.83$45.83$45.83
Total monthly$2,516.58$4,724.74$5,695.33
Cash to close$420,859$78,950$78,950