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$29,786$29,786$225,000
Remaining term (yrs)15.315.330.0
Secondary amount$0$195,214$0
Funding fee$149$149$0
Note rate3.92%3.92%7.24%
Blended rate3.92%7.46%7.48%
1st payment$214.78$214.78$1,533.37
2nd payment$0.00$1,301.43$0.00
Taxes / mo$85.67$85.67$85.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$350.00$350.00$350.00
Total monthly$800.45$2,101.87$2,164.04
Cash to close$220,214$25,000$25,000