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$427,914$427,914$661,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$233,586$0
Funding fee$2,140$2,140$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.651%7.48%
1st payment$2,034.12$2,034.12$4,508.11
2nd payment$0.00$1,508.58$0.00
Taxes / mo$521.58$521.58$521.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.30
HOA / mo$85.00$85.00$85.00
Total monthly$2,857.37$4,365.94$5,463.66
Cash to close$307,086$73,500$73,500