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$550,135$550,135$616,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$66,365$0
Funding fee$2,751$2,751$0
Note rate4.72%4.72%7.24%
Blended rate4.72%5.181%7.48%
1st payment$3,089.66$3,089.66$4,201.44
2nd payment$0.00$497.74$0.00
Taxes / mo$345.83$345.83$345.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$83.00$83.00$83.00
Total monthly$3,685.16$4,182.90$4,920.24
Cash to close$134,865$68,500$68,500