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$465,845$465,845$562,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$96,655$0
Funding fee$2,329$2,329$0
Note rate3.05%3.05%7.24%
Blended rate3.05%4.072%7.48%
1st payment$2,201.74$2,201.74$3,833.43
2nd payment$0.00$724.91$0.00
Taxes / mo$446.92$446.92$446.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$100.00$100.00$100.00
Total monthly$2,915.32$3,640.24$4,659.51
Cash to close$159,155$62,500$62,500