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$96,077$96,077$582,750
Remaining term (yrs)5.75.730.0
Secondary amount$0$486,673$0
Funding fee$480$480$0
Note rate6.57%6.57%7.24%
Blended rate6.57%7.555%7.48%
1st payment$1,656.00$1,656.00$3,971.43
2nd payment$0.00$3,143.10$0.00
Taxes / mo$331.33$331.33$331.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.55
HOA / mo$0.00$0.00$0.00
Total monthly$2,154.00$5,297.10$4,585.98
Cash to close$551,423$64,750$64,750