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$687,909$687,909$989,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$302,001$0
Funding fee$3,440$3,440$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.366%7.48%
1st payment$3,303.21$3,303.21$6,746.22
2nd payment$0.00$1,950.43$0.00
Taxes / mo$391.92$391.92$391.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.98
HOA / mo$8.33$8.33$8.33
Total monthly$3,920.12$5,870.55$7,561.11
Cash to close$411,991$109,990$109,990