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$465,155$465,155$597,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$132,445$0
Funding fee$2,326$2,326$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.186%7.48%
1st payment$2,210.66$2,210.66$4,072.63
2nd payment$0.00$882.96$0.00
Taxes / mo$400.17$400.17$400.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.52
HOA / mo$92.00$92.00$92.00
Total monthly$2,869.50$3,752.46$4,850.99
Cash to close$198,845$66,400$66,400