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$509,995$509,995$841,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$331,505$0
Funding fee$2,550$2,550$0
Note rate2.79%2.79%7.24%
Blended rate2.79%4.744%7.48%
1st payment$2,402.21$2,402.21$5,734.81
2nd payment$0.00$2,140.97$0.00
Taxes / mo$296.83$296.83$296.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,915.71$5,056.68$6,416.61
Cash to close$425,005$93,500$93,500