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$444,684$444,684$540,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$95,316$0
Funding fee$2,223$2,223$0
Note rate2.7%2.7%7.24%
Blended rate2.7%3.812%7.48%
1st payment$2,044.79$2,044.79$3,680.09
2nd payment$0.00$714.87$0.00
Taxes / mo$361.83$361.83$361.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$71.67$71.67$71.67
Total monthly$2,644.96$3,359.83$4,388.26
Cash to close$155,316$60,000$60,000