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$641,168$641,168$1,305,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$663,832$0
Funding fee$3,206$3,206$0
Note rate2.25%2.25%7.24%
Blended rate2.25%5.048%7.48%
1st payment$2,505.01$2,505.01$8,893.55
2nd payment$0.00$4,287.25$0.00
Taxes / mo$586.42$586.42$586.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$261.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,308.09$7,595.34$9,957.63
Cash to close$808,832$145,000$145,000