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$430,815$430,815$472,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$41,685$0
Funding fee$2,154$2,154$0
Note rate4%4%7.24%
Blended rate4%4.441%7.48%
1st payment$2,243.85$2,243.85$3,220.08
2nd payment$0.00$312.64$0.00
Taxes / mo$456.33$456.33$456.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$9.17$9.17$9.17
Total monthly$2,876.02$3,188.66$3,946.75
Cash to close$94,185$52,500$52,500