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$397,987$397,987$477,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$79,013$0
Funding fee$1,990$1,990$0
Note rate2.9%2.9%7.24%
Blended rate2.9%3.91%7.48%
1st payment$1,883.86$1,883.86$3,250.75
2nd payment$0.00$592.60$0.00
Taxes / mo$279.17$279.17$279.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,329.69$2,922.29$3,791.98
Cash to close$132,013$53,000$53,000