HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$50,400$50,400$1,165,500
Remaining term (yrs)0.20.230.0
Secondary amount$0$1,115,100$0
Funding fee$252$252$0
Note rate2.4%2.4%7.24%
Blended rate2.4%7.519%7.48%
1st payment$12,663.10$12,663.10$7,942.86
2nd payment$0.00$7,201.69$0.00
Taxes / mo$244.33$244.33$244.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$0.00$0.00$0.00
Total monthly$13,124.10$20,325.78$8,636.96
Cash to close$1,244,600$129,500$129,500