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$1,056,514$1,056,514$1,935,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$878,486$0
Funding fee$5,283$5,283$0
Note rate5.56%5.56%7.24%
Blended rate5.56%6.554%7.48%
1st payment$6,401.46$6,401.46$13,186.99
2nd payment$0.00$5,673.55$0.00
Taxes / mo$772.17$772.17$772.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$387.00
HOA / mo$20.83$20.83$20.83
Total monthly$7,411.13$13,084.68$14,583.65
Cash to close$1,093,486$215,000$215,000