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$427,501$427,501$508,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$80,999$0
Funding fee$2,138$2,138$0
Note rate3.76%3.76%7.24%
Blended rate3.76%4.595%7.48%
1st payment$2,170.04$2,170.04$3,465.42
2nd payment$0.00$607.49$0.00
Taxes / mo$332.25$332.25$332.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$18.00$18.00$18.00
Total monthly$2,686.95$3,294.45$4,084.03
Cash to close$137,499$56,500$56,500