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$456,468$456,468$1,485,000
Remaining term (yrs)18.118.130.0
Secondary amount$0$1,028,532$0
Funding fee$2,282$2,282$0
Note rate3.92%3.92%7.24%
Blended rate3.92%6.573%7.48%
1st payment$2,930.48$2,930.48$10,120.25
2nd payment$0.00$6,642.60$0.00
Taxes / mo$712.58$712.58$712.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$297.00
HOA / mo$60.00$60.00$60.00
Total monthly$3,919.73$10,562.34$11,406.50
Cash to close$1,193,532$165,000$165,000