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$13,045$13,045$391,500
Remaining term (yrs)1.41.430.0
Secondary amount$0$378,455$0
Funding fee$65$65$0
Note rate2.77%2.77%7.24%
Blended rate2.77%7.584%7.48%
1st payment$740.74$740.74$2,668.07
2nd payment$0.00$2,444.19$0.00
Taxes / mo$154.00$154.00$154.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,044.74$3,488.92$3,050.37
Cash to close$421,955$43,500$43,500