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$465,047$465,047$666,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$200,953$0
Funding fee$2,325$2,325$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.524%7.48%
1st payment$2,256.83$2,256.83$4,538.78
2nd payment$0.00$1,297.82$0.00
Taxes / mo$443.50$443.50$443.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.20
HOA / mo$80.00$80.00$80.00
Total monthly$2,997.00$4,294.82$5,412.14
Cash to close$274,953$74,000$74,000