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$649,394$649,394$944,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$294,706$0
Funding fee$3,247$3,247$0
Note rate3.25%3.25%7.24%
Blended rate3.25%4.655%7.48%
1st payment$3,199.42$3,199.42$6,434.02
2nd payment$0.00$1,903.31$0.00
Taxes / mo$566.75$566.75$566.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$188.82
HOA / mo$21.67$21.67$21.67
Total monthly$4,004.51$5,907.82$7,427.93
Cash to close$399,606$104,900$104,900