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$329,199$329,199$675,000
Remaining term (yrs)19.119.130.0
Secondary amount$0$345,801$0
Funding fee$1,646$1,646$0
Note rate2.7%2.7%7.24%
Blended rate2.7%5.287%7.48%
1st payment$1,835.02$1,835.02$4,600.11
2nd payment$0.00$2,233.30$0.00
Taxes / mo$392.58$392.58$392.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$111.00$111.00$111.00
Total monthly$2,555.27$4,788.57$5,455.36
Cash to close$420,801$75,000$75,000