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$519,301$519,301$585,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$65,699$0
Funding fee$2,597$2,597$0
Note rate3.25%3.25%7.24%
Blended rate3.25%3.896%7.48%
1st payment$2,519.77$2,519.77$3,986.76
2nd payment$0.00$492.75$0.00
Taxes / mo$700.17$700.17$700.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$93.00$93.00$93.00
Total monthly$3,479.60$3,972.35$5,063.60
Cash to close$130,699$65,000$65,000