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$564,146$564,146$720,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$155,854$0
Funding fee$2,821$2,821$0
Note rate2.83%2.83%7.24%
Blended rate2.83%3.949%7.48%
1st payment$2,668.83$2,668.83$4,906.79
2nd payment$0.00$1,039.03$0.00
Taxes / mo$659.67$659.67$659.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$58.00$58.00$58.00
Total monthly$3,603.16$4,642.18$5,985.12
Cash to close$235,854$80,000$80,000