HQ Homes
Call Tony

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$452,177$452,177$826,200
Remaining term (yrs)24.624.630.0
Secondary amount$0$374,023$0
Funding fee$2,261$2,261$0
Note rate3.04%3.04%7.24%
Blended rate3.04%5.172%7.48%
1st payment$2,173.15$2,173.15$5,630.54
2nd payment$0.00$2,415.57$0.00
Taxes / mo$201.67$201.67$201.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.24
HOA / mo$0.00$0.00$0.00
Total monthly$2,591.48$5,007.05$6,214.11
Cash to close$465,823$91,800$91,800