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$137,895$137,895$346,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$208,605$0
Funding fee$689$689$0
Note rate3.44%3.44%7.24%
Blended rate3.44%6.035%7.48%
1st payment$797.81$797.81$2,361.39
2nd payment$0.00$1,347.24$0.00
Taxes / mo$160.67$160.67$160.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,108.47$2,455.71$2,741.36
Cash to close$247,105$38,500$38,500