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$477,041$477,041$988,200
Remaining term (yrs)24.524.530.0
Secondary amount$0$511,159$0
Funding fee$2,385$2,385$0
Note rate3.1%3.1%7.24%
Blended rate3.1%5.505%7.48%
1st payment$2,312.77$2,312.77$6,734.56
2nd payment$0.00$3,301.23$0.00
Taxes / mo$401.92$401.92$401.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.64
HOA / mo$5.00$5.00$5.00
Total monthly$2,936.36$6,237.59$7,555.79
Cash to close$620,959$109,800$109,800