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$419,440$419,440$558,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$138,560$0
Funding fee$2,097$2,097$0
Note rate6.89%6.89%7.24%
Blended rate6.89%7.166%7.48%
1st payment$2,796.21$2,796.21$3,802.76
2nd payment$0.00$923.73$0.00
Taxes / mo$153.17$153.17$153.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$12.50$12.50$12.50
Total monthly$3,128.54$4,052.28$4,246.69
Cash to close$200,560$62,000$62,000