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$475,364$475,364$499,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$51,886$0
Funding fee$2,377$2,377$0
Note rate6.88%6.88%7.24%
Blended rate6.88%7.372%7.48%
1st payment$3,212.37$3,212.37$3,404.08
2nd payment$0.00$513.46$0.00
Taxes / mo$531.83$531.83$531.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$33.00$33.00$33.00
Total monthly$3,943.87$4,457.33$4,235.48
Cash to close$79,636$27,750$55,500