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$421,454$421,454$481,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$60,046$0
Funding fee$2,107$2,107$0
Note rate6.74%6.74%7.24%
Blended rate6.74%7.022%7.48%
1st payment$2,762.79$2,762.79$3,281.41
2nd payment$0.00$450.35$0.00
Taxes / mo$115.92$115.92$115.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,045.37$3,495.72$3,660.30
Cash to close$113,546$53,500$53,500