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$1,014,566$1,014,566$1,057,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$42,934$0
Funding fee$5,073$5,073$0
Note rate6.54%6.54%7.24%
Blended rate6.54%6.64%7.48%
1st payment$6,583.75$6,583.75$7,206.84
2nd payment$0.00$322.01$0.00
Taxes / mo$269.92$269.92$269.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.50
HOA / mo$0.00$0.00$0.00
Total monthly$7,070.34$7,392.34$7,904.93
Cash to close$160,434$117,500$117,500