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$555,684$555,684$657,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$101,316$0
Funding fee$2,778$2,778$0
Note rate4.5%4.5%7.24%
Blended rate4.5%5.04%7.48%
1st payment$3,040.11$3,040.11$4,477.44
2nd payment$0.00$675.44$0.00
Taxes / mo$357.67$357.67$357.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$105.00$105.00$105.00
Total monthly$3,719.45$4,394.88$5,288.18
Cash to close$174,316$73,000$73,000