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$407,270$407,270$526,499
Remaining term (yrs)28.028.030.0
Secondary amount$0$119,229$0
Funding fee$2,036$2,036$0
Note rate6.2%6.2%7.24%
Blended rate6.2%6.608%7.48%
1st payment$2,554.00$2,554.00$3,588.08
2nd payment$0.00$794.86$0.00
Taxes / mo$440.75$440.75$440.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$6.67$6.67$6.67
Total monthly$3,168.08$3,962.94$4,307.47
Cash to close$177,729$58,500$58,500