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$462,095$462,095$540,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$77,905$0
Funding fee$2,310$2,310$0
Note rate3.72%3.72%7.24%
Blended rate3.72%4.482%7.48%
1st payment$2,465.80$2,465.80$3,680.09
2nd payment$0.00$584.29$0.00
Taxes / mo$624.08$624.08$624.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$65.00$65.00$65.00
Total monthly$3,321.55$3,905.84$4,643.84
Cash to close$137,905$60,000$60,000