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$485,253$485,253$576,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$90,747$0
Funding fee$2,426$2,426$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.265%7.48%
1st payment$3,288.32$3,288.32$3,925.43
2nd payment$0.00$680.61$0.00
Taxes / mo$276.25$276.25$276.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,731.24$4,411.84$4,483.55
Cash to close$154,747$64,000$64,000