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$456,225$456,225$548,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$92,685$0
Funding fee$2,281$2,281$0
Note rate3%3%7.24%
Blended rate3%4.013%7.48%
1st payment$2,188.12$2,188.12$3,740.81
2nd payment$0.00$695.14$0.00
Taxes / mo$337.08$337.08$337.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.78
HOA / mo$150.00$150.00$150.00
Total monthly$2,841.87$3,537.01$4,504.34
Cash to close$153,675$60,990$60,990