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$482,414$482,414$648,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$165,586$0
Funding fee$2,412$2,412$0
Note rate3.05%3.05%7.24%
Blended rate3.05%4.315%7.48%
1st payment$2,326.25$2,326.25$4,416.11
2nd payment$0.00$1,103.91$0.00
Taxes / mo$311.75$311.75$311.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,854.67$3,958.58$5,074.12
Cash to close$237,586$72,000$72,000