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$26,500$26,500$1,147,500
Remaining term (yrs)0.60.630.0
Secondary amount$0$1,121,000$0
Funding fee$133$133$0
Note rate3.9%3.9%7.24%
Blended rate3.9%7.661%7.48%
1st payment$3,361.19$3,361.19$7,820.19
2nd payment$0.00$7,239.79$0.00
Taxes / mo$344.33$344.33$344.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$229.50
HOA / mo$25.00$25.00$25.00
Total monthly$3,947.19$11,186.98$8,635.69
Cash to close$1,248,500$127,500$127,500