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$414,651$414,651$423,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$31,849$0
Funding fee$2,073$2,073$0
Note rate4.16%4.16%7.24%
Blended rate4.16%4.71%7.48%
1st payment$2,196.66$2,196.66$2,882.74
2nd payment$0.00$315.17$0.00
Taxes / mo$477.67$477.67$477.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,840.99$3,156.16$3,611.67
Cash to close$55,349$23,500$47,000