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$460,457$460,457$504,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$43,543$0
Funding fee$2,302$2,302$0
Note rate3.09%3.09%7.24%
Blended rate3.09%3.601%7.48%
1st payment$2,200.30$2,200.30$3,434.75
2nd payment$0.00$326.57$0.00
Taxes / mo$449.17$449.17$449.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$100.00$100.00$100.00
Total monthly$2,916.13$3,242.70$4,251.38
Cash to close$99,543$56,000$56,000