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$526,564$526,564$742,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$215,936$0
Funding fee$2,633$2,633$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.474%7.48%
1st payment$2,614.75$2,614.75$5,060.12
2nd payment$0.00$1,394.59$0.00
Taxes / mo$412.92$412.92$412.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$20.00$20.00$20.00
Total monthly$3,264.33$4,658.92$5,858.21
Cash to close$298,436$82,500$82,500