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$531,704$531,704$1,030,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$498,796$0
Funding fee$2,659$2,659$0
Note rate6.27%6.27%7.24%
Blended rate6.27%6.986%7.48%
1st payment$3,312.77$3,312.77$7,022.84
2nd payment$0.00$3,221.39$0.00
Taxes / mo$502.83$502.83$502.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.10
HOA / mo$16.67$16.67$16.67
Total monthly$4,048.94$7,270.33$7,965.11
Cash to close$613,296$114,500$114,500