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$412,108$412,108$468,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$55,892$0
Funding fee$2,061$2,061$0
Note rate2.65%2.65%7.24%
Blended rate2.65%3.408%7.48%
1st payment$1,907.16$1,907.16$3,189.41
2nd payment$0.00$419.19$0.00
Taxes / mo$651.83$651.83$651.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$36.33$36.33$36.33
Total monthly$2,761.99$3,181.17$4,137.84
Cash to close$107,892$52,000$52,000