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$437,554$437,554$1,228,500
Remaining term (yrs)22.122.130.0
Secondary amount$0$790,946$0
Funding fee$2,188$2,188$0
Note rate3.21%3.21%7.24%
Blended rate3.21%6.133%7.48%
1st payment$2,301.10$2,301.10$8,372.20
2nd payment$0.00$5,108.19$0.00
Taxes / mo$557.42$557.42$557.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$245.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,075.18$8,183.38$9,391.99
Cash to close$927,446$136,500$136,500