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$613,833$613,833$1,125,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$511,167$0
Funding fee$3,069$3,069$0
Note rate2.9%2.9%7.24%
Blended rate2.9%5.104%7.48%
1st payment$2,953.81$2,953.81$7,666.85
2nd payment$0.00$3,301.28$0.00
Taxes / mo$819.42$819.42$819.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,989.90$7,291.18$8,927.94
Cash to close$636,167$125,000$125,000