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$442,557$442,557$540,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$97,443$0
Funding fee$2,213$2,213$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.165%7.48%
1st payment$2,145.59$2,145.59$3,680.09
2nd payment$0.00$730.82$0.00
Taxes / mo$403.58$403.58$403.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$29.17$29.17$29.17
Total monthly$2,745.01$3,475.83$4,387.51
Cash to close$157,443$60,000$60,000