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$540,757$540,757$1,933,110
Remaining term (yrs)19.619.630.0
Secondary amount$0$1,392,353$0
Funding fee$2,704$2,704$0
Note rate3.66%3.66%7.24%
Blended rate3.66%6.606%7.48%
1st payment$3,217.43$3,217.43$13,174.11
2nd payment$0.00$8,992.28$0.00
Taxes / mo$408.83$408.83$408.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$386.62
HOA / mo$20.00$20.00$20.00
Total monthly$3,862.93$12,855.21$14,206.23
Cash to close$1,607,143$214,790$214,790