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$1,255,710$1,255,710$1,327,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$71,790$0
Funding fee$6,279$6,279$0
Note rate6.95%6.95%7.24%
Blended rate6.95%7.061%7.48%
1st payment$8,452.25$8,452.25$9,046.89
2nd payment$0.00$538.43$0.00
Taxes / mo$553.67$553.67$553.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$265.50
HOA / mo$0.00$0.00$0.00
Total monthly$9,222.58$9,761.01$10,082.72
Cash to close$219,290$147,500$147,500