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$338,624$338,624$1,439,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$1,101,286$0
Funding fee$1,693$1,693$0
Note rate2.8%2.8%7.24%
Blended rate2.8%6.586%7.48%
1st payment$1,612.15$1,612.15$9,812.96
2nd payment$0.00$7,112.47$0.00
Taxes / mo$771.08$771.08$771.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$287.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,599.90$9,712.38$11,088.69
Cash to close$1,261,276$159,990$159,990