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$441,024$441,024$504,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$62,976$0
Funding fee$2,205$2,205$0
Note rate3.1%3.1%7.24%
Blended rate3.1%3.837%7.48%
1st payment$2,138.16$2,138.16$3,434.75
2nd payment$0.00$472.32$0.00
Taxes / mo$543.25$543.25$543.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$161.00$161.00$161.00
Total monthly$3,009.07$3,481.39$4,406.47
Cash to close$118,976$56,000$56,000