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$1,027,471$1,027,471$1,777,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$750,029$0
Funding fee$5,137$5,137$0
Note rate3.6%3.6%7.24%
Blended rate3.6%5.351%7.48%
1st payment$5,416.87$5,416.87$12,113.63
2nd payment$0.00$4,843.94$0.00
Taxes / mo$930.75$930.75$930.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$355.50
HOA / mo$28.33$28.33$28.33
Total monthly$6,592.62$11,436.56$13,644.88
Cash to close$947,529$197,500$197,500