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$276,165$276,165$441,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$164,835$0
Funding fee$1,381$1,381$0
Note rate3.62%3.62%7.24%
Blended rate3.62%5.257%7.48%
1st payment$1,475.71$1,475.71$3,005.41
2nd payment$0.00$1,098.90$0.00
Taxes / mo$244.83$244.83$244.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$35.00$35.00$35.00
Total monthly$1,922.21$3,021.12$3,540.11
Cash to close$213,835$49,000$49,000