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$564,161$564,161$2,700,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$2,135,839$0
Funding fee$2,821$2,821$0
Note rate2.8%2.8%7.24%
Blended rate2.8%6.716%7.48%
1st payment$3,082.24$3,082.24$18,400.45
2nd payment$0.00$13,793.96$0.00
Taxes / mo$517.67$517.67$517.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$540.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,816.57$17,610.53$19,674.78
Cash to close$2,435,839$300,000$300,000