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$287,567$287,567$742,500
Remaining term (yrs)18.818.830.0
Secondary amount$0$454,933$0
Funding fee$1,438$1,438$0
Note rate3.91%3.91%7.24%
Blended rate3.91%6.263%7.48%
1st payment$1,794.52$1,794.52$5,060.12
2nd payment$0.00$2,938.11$0.00
Taxes / mo$410.08$410.08$410.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,421.27$5,359.37$5,835.37
Cash to close$537,433$82,500$82,500