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$418,736$418,736$472,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$53,674$0
Funding fee$2,094$2,094$0
Note rate2.78%2.78%7.24%
Blended rate2.78%3.487%7.48%
1st payment$1,942.60$1,942.60$3,219.47
2nd payment$0.00$402.55$0.00
Taxes / mo$151.25$151.25$151.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,260.52$2,663.07$3,631.86
Cash to close$106,164$52,490$52,490