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$440,423$440,423$755,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$314,677$0
Funding fee$2,202$2,202$0
Note rate2.9%2.9%7.24%
Blended rate2.9%4.921%7.48%
1st payment$2,124.44$2,124.44$5,145.99
2nd payment$0.00$2,032.29$0.00
Taxes / mo$240.58$240.58$240.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,581.69$4,613.98$5,754.26
Cash to close$398,577$83,900$83,900