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$446,623$446,623$486,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$39,377$0
Funding fee$2,233$2,233$0
Note rate3.17%3.17%7.24%
Blended rate3.17%3.642%7.48%
1st payment$2,181.65$2,181.65$3,312.08
2nd payment$0.00$295.33$0.00
Taxes / mo$248.92$248.92$248.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,597.23$2,892.56$3,824.86
Cash to close$93,377$54,000$54,000