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$476,261$476,261$990,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$513,739$0
Funding fee$2,381$2,381$0
Note rate6.31%6.31%7.24%
Blended rate6.31%7.057%7.48%
1st payment$3,098.12$3,098.12$6,746.83
2nd payment$0.00$3,317.90$0.00
Taxes / mo$411.25$411.25$411.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$25.00$25.00$25.00
Total monthly$3,751.04$7,068.94$7,597.75
Cash to close$623,739$110,000$110,000