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$995,240$995,240$990,000
Remaining term (yrs)29.329.330.0
Secondary amount$0$49,760$0
Funding fee$4,976$4,976$0
Note rate6.06%6.06%7.24%
Blended rate6.06%6.337%7.48%
1st payment$6,047.71$6,047.71$6,746.83
2nd payment$0.00$492.42$0.00
Taxes / mo$528.75$528.75$528.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$38.75$38.75$38.75
Total monthly$6,831.88$7,324.29$7,729.00
Cash to close$104,760$55,000$110,000