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$495,896$495,896$675,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$179,104$0
Funding fee$2,479$2,479$0
Note rate5.1%5.1%7.24%
Blended rate5.1%5.869%7.48%
1st payment$2,890.39$2,890.39$4,600.11
2nd payment$0.00$1,194.03$0.00
Taxes / mo$354.75$354.75$354.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$84.17$84.17$84.17
Total monthly$3,545.98$4,740.01$5,390.70
Cash to close$254,104$75,000$75,000