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$409,329$409,329$418,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$32,421$0
Funding fee$2,047$2,047$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.894%7.48%
1st payment$2,702.09$2,702.09$2,852.07
2nd payment$0.00$320.84$0.00
Taxes / mo$251.75$251.75$251.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,120.51$3,441.34$3,354.19
Cash to close$55,671$23,250$46,500