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$98,455$98,455$571,050
Remaining term (yrs)14.614.630.0
Secondary amount$0$472,595$0
Funding fee$492$492$0
Note rate4.71%4.71%7.24%
Blended rate4.71%7.226%7.48%
1st payment$775.75$775.75$3,891.70
2nd payment$0.00$3,052.17$0.00
Taxes / mo$156.33$156.33$156.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.21
HOA / mo$0.00$0.00$0.00
Total monthly$1,098.75$4,150.92$4,328.91
Cash to close$536,045$63,450$63,450