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$386,983$386,983$405,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$40,517$0
Funding fee$1,935$1,935$0
Note rate6.39%6.39%7.24%
Blended rate6.39%6.91%7.48%
1st payment$2,518.59$2,518.59$2,760.07
2nd payment$0.00$400.95$0.00
Taxes / mo$496.92$496.92$496.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,165.50$3,566.46$3,487.98
Cash to close$63,017$22,500$45,000