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$1,187,032$1,187,032$1,215,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$27,968$0
Funding fee$5,935$5,935$0
Note rate4%4%7.24%
Blended rate4%4.115%7.48%
1st payment$6,182.53$6,182.53$8,280.20
2nd payment$0.00$209.76$0.00
Taxes / mo$262.08$262.08$262.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,661.28$6,871.04$9,001.95
Cash to close$162,968$135,000$135,000