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$646,809$646,809$809,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$162,291$0
Funding fee$3,234$3,234$0
Note rate4%4%7.24%
Blended rate4%4.802%7.48%
1st payment$3,394.42$3,394.42$5,514.00
2nd payment$0.00$1,081.94$0.00
Taxes / mo$229.00$229.00$229.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,840.09$4,922.03$6,121.49
Cash to close$252,191$89,900$89,900