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$502,649$502,649$769,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$266,851$0
Funding fee$2,513$2,513$0
Note rate3.31%3.31%7.24%
Blended rate3.31%4.85%7.48%
1st payment$2,555.04$2,555.04$5,244.13
2nd payment$0.00$1,723.41$0.00
Taxes / mo$504.92$504.92$504.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.90
HOA / mo$0.00$0.00$0.00
Total monthly$3,276.63$5,000.04$6,119.61
Cash to close$352,351$85,500$85,500