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$411,807$411,807$436,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$48,943$0
Funding fee$2,059$2,059$0
Note rate5.25%5.25%7.24%
Blended rate5.25%5.954%7.48%
1st payment$2,360.62$2,360.62$2,974.74
2nd payment$0.00$484.33$0.00
Taxes / mo$508.58$508.58$508.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$28.00$28.00$28.00
Total monthly$3,063.87$3,548.20$3,765.29
Cash to close$73,193$24,250$48,500