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$73,544$73,544$472,500
Remaining term (yrs)5.85.830.0
Secondary amount$0$398,956$0
Funding fee$368$368$0
Note rate6.54%6.54%7.24%
Blended rate6.54%7.562%7.48%
1st payment$1,251.92$1,251.92$3,220.08
2nd payment$0.00$2,576.59$0.00
Taxes / mo$204.17$204.17$204.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,622.75$4,199.34$3,685.41
Cash to close$451,456$52,500$52,500