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$1,364,990$1,364,990$1,889,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$524,920$0
Funding fee$6,825$6,825$0
Note rate3.14%3.14%7.24%
Blended rate3.14%4.42%7.48%
1st payment$6,544.11$6,544.11$12,879.70
2nd payment$0.00$3,390.11$0.00
Taxes / mo$420.75$420.75$420.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$377.98
HOA / mo$0.00$0.00$0.00
Total monthly$7,181.52$10,571.63$13,895.10
Cash to close$734,910$209,990$209,990