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$132,375$132,375$571,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$439,125$0
Funding fee$662$662$0
Note rate4.04%4.04%7.24%
Blended rate4.04%6.891%7.48%
1st payment$837.49$837.49$3,894.76
2nd payment$0.00$2,836.02$0.00
Taxes / mo$219.50$219.50$219.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,223.65$4,059.67$4,395.23
Cash to close$502,625$63,500$63,500