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$88,818$88,818$225,000
Remaining term (yrs)6.16.130.0
Secondary amount$0$136,182$0
Funding fee$444$444$0
Note rate6%6%7.24%
Blended rate6%7.211%7.48%
1st payment$1,438.92$1,438.92$1,533.37
2nd payment$0.00$907.88$0.00
Taxes / mo$300.00$300.00$300.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$12.50$12.50$12.50
Total monthly$1,901.42$2,809.30$2,040.87
Cash to close$161,182$25,000$25,000