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$530,046$530,046$576,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$45,954$0
Funding fee$2,650$2,650$0
Note rate3.22%3.22%7.24%
Blended rate3.22%3.681%7.48%
1st payment$2,558.01$2,558.01$3,925.43
2nd payment$0.00$344.66$0.00
Taxes / mo$413.08$413.08$413.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$62.00$62.00$62.00
Total monthly$3,199.76$3,544.42$4,682.38
Cash to close$109,954$64,000$64,000