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$218,267$218,267$513,000
Remaining term (yrs)15.115.130.0
Secondary amount$0$294,733$0
Funding fee$1,091$1,091$0
Note rate2.31%2.31%7.24%
Blended rate2.31%5.435%7.48%
1st payment$1,422.74$1,422.74$3,496.09
2nd payment$0.00$1,903.48$0.00
Taxes / mo$217.08$217.08$217.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,806.49$3,709.97$3,982.44
Cash to close$351,733$57,000$57,000