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$650,146$650,146$1,078,650
Remaining term (yrs)27.927.930.0
Secondary amount$0$428,504$0
Funding fee$3,251$3,251$0
Note rate6.08%6.08%7.24%
Blended rate6.08%6.743%7.48%
1st payment$4,032.07$4,032.07$7,350.98
2nd payment$0.00$2,767.42$0.00
Taxes / mo$372.17$372.17$372.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.73
HOA / mo$0.00$0.00$0.00
Total monthly$4,620.90$7,388.32$8,155.54
Cash to close$548,354$119,850$119,850