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$526,816$526,816$562,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$35,684$0
Funding fee$2,634$2,634$0
Note rate3.02%3.02%7.24%
Blended rate3.02%3.399%7.48%
1st payment$2,514.97$2,514.97$3,833.43
2nd payment$0.00$267.63$0.00
Taxes / mo$200.83$200.83$200.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,882.47$3,150.09$4,313.43
Cash to close$98,184$62,500$62,500