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$439,303$439,303$485,550
Remaining term (yrs)26.226.230.0
Secondary amount$0$46,247$0
Funding fee$2,197$2,197$0
Note rate5.5%5.5%7.24%
Blended rate5.5%5.833%7.48%
1st payment$2,634.54$2,634.54$3,309.01
2nd payment$0.00$346.85$0.00
Taxes / mo$525.17$525.17$525.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.11
HOA / mo$35.00$35.00$35.00
Total monthly$3,361.37$3,708.22$4,132.96
Cash to close$100,197$53,950$53,950