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$420,904$420,904$458,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$37,196$0
Funding fee$2,105$2,105$0
Note rate5.78%5.78%7.24%
Blended rate5.78%6.041%7.48%
1st payment$2,621.19$2,621.19$3,121.94
2nd payment$0.00$278.97$0.00
Taxes / mo$121.25$121.25$121.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,909.11$3,188.08$3,501.48
Cash to close$88,096$50,900$50,900