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$852,761$852,761$1,080,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$227,239$0
Funding fee$4,264$4,264$0
Note rate6.73%6.73%7.24%
Blended rate6.73%6.945%7.48%
1st payment$5,650.34$5,650.34$7,360.18
2nd payment$0.00$1,467.59$0.00
Taxes / mo$461.58$461.58$461.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$216.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,328.59$7,796.17$8,254.43
Cash to close$347,239$120,000$120,000