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$578,396$578,396$630,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$51,604$0
Funding fee$2,892$2,892$0
Note rate3.01%3.01%7.24%
Blended rate3.01%3.501%7.48%
1st payment$2,739.71$2,739.71$4,293.44
2nd payment$0.00$387.03$0.00
Taxes / mo$295.92$295.92$295.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,202.29$3,589.32$4,882.02
Cash to close$121,604$70,000$70,000