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$503,128$503,128$805,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$302,372$0
Funding fee$2,516$2,516$0
Note rate2.8%2.8%7.24%
Blended rate2.8%4.658%7.48%
1st payment$2,333.88$2,333.88$5,489.47
2nd payment$0.00$1,952.82$0.00
Taxes / mo$257.17$257.17$257.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$58.00$58.00$58.00
Total monthly$2,865.71$4,818.54$6,182.40
Cash to close$391,872$89,500$89,500