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$371,449$371,449$494,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$123,461$0
Funding fee$1,857$1,857$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.217%7.48%
1st payment$1,761.69$1,761.69$3,372.80
2nd payment$0.00$823.07$0.00
Taxes / mo$273.75$273.75$273.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,202.11$3,025.18$3,912.20
Cash to close$178,451$54,990$54,990