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$169,293$169,293$351,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$181,707$0
Funding fee$846$846$0
Note rate2.28%2.28%7.24%
Blended rate2.28%5.241%7.48%
1st payment$887.84$887.84$2,392.06
2nd payment$0.00$1,211.38$0.00
Taxes / mo$190.08$190.08$190.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$375.00$375.00$375.00
Total monthly$1,602.93$2,814.30$3,177.34
Cash to close$220,707$39,000$39,000