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$580,250$580,250$810,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$229,750$0
Funding fee$2,901$2,901$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.419%7.48%
1st payment$2,763.65$2,763.65$5,520.13
2nd payment$0.00$1,483.80$0.00
Taxes / mo$281.00$281.00$281.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,261.32$4,745.12$6,179.80
Cash to close$319,750$90,000$90,000