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$472,043$472,043$504,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$31,957$0
Funding fee$2,360$2,360$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.362%7.48%
1st payment$2,243.68$2,243.68$3,434.75
2nd payment$0.00$239.68$0.00
Taxes / mo$556.42$556.42$556.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,966.76$3,206.44$4,258.63
Cash to close$87,957$56,000$56,000