HQ Homes
Call Tony

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$106,349$106,349$315,000
Remaining term (yrs)14.214.230.0
Secondary amount$0$208,651$0
Funding fee$532$532$0
Note rate2.39%2.39%7.24%
Blended rate2.39%5.94%7.48%
1st payment$734.44$734.44$2,146.72
2nd payment$0.00$1,347.54$0.00
Taxes / mo$83.67$83.67$83.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$968.11$2,315.65$2,443.39
Cash to close$243,651$35,000$35,000