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$1,178,014$1,178,014$1,215,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$36,986$0
Funding fee$5,890$5,890$0
Note rate6.56%6.56%7.24%
Blended rate6.56%6.634%7.48%
1st payment$7,576.11$7,576.11$8,280.20
2nd payment$0.00$277.40$0.00
Taxes / mo$189.17$189.17$189.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$0.00$0.00$0.00
Total monthly$7,981.95$8,259.34$8,929.04
Cash to close$171,986$135,000$135,000