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$495,639$495,639$535,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$39,861$0
Funding fee$2,478$2,478$0
Note rate5.3%5.3%7.24%
Blended rate5.3%5.575%7.48%
1st payment$2,904.24$2,904.24$3,649.42
2nd payment$0.00$298.96$0.00
Taxes / mo$349.92$349.92$349.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$81.00$81.00$81.00
Total monthly$3,501.83$3,800.78$4,354.11
Cash to close$99,361$59,500$59,500