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$329,617$329,617$972,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$642,383$0
Funding fee$1,648$1,648$0
Note rate5.81%5.81%7.24%
Blended rate5.81%7.092%7.48%
1st payment$2,055.87$2,055.87$6,624.16
2nd payment$0.00$4,148.72$0.00
Taxes / mo$464.42$464.42$464.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,736.95$6,885.67$7,499.65
Cash to close$750,383$108,000$108,000