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$261,551$261,551$360,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$98,449$0
Funding fee$1,308$1,308$0
Note rate3.18%3.18%7.24%
Blended rate3.18%4.772%7.48%
1st payment$1,324.32$1,324.32$2,453.39
2nd payment$0.00$738.37$0.00
Taxes / mo$166.58$166.58$166.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$425.00$425.00$425.00
Total monthly$2,065.90$2,804.27$3,266.98
Cash to close$138,449$40,000$40,000