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$539,898$539,898$629,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$90,012$0
Funding fee$2,699$2,699$0
Note rate5.3%5.3%7.24%
Blended rate5.3%5.829%7.48%
1st payment$3,201.11$3,201.11$4,292.82
2nd payment$0.00$675.09$0.00
Taxes / mo$268.67$268.67$268.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$20.00$20.00$20.00
Total monthly$3,656.44$4,331.53$4,874.14
Cash to close$160,002$69,990$69,990