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$261,527$261,527$341,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$80,383$0
Funding fee$1,308$1,308$0
Note rate3.23%3.23%7.24%
Blended rate3.23%4.587%7.48%
1st payment$1,315.35$1,315.35$2,330.11
2nd payment$0.00$602.87$0.00
Taxes / mo$70.58$70.58$70.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,535.93$2,138.81$2,619.08
Cash to close$118,373$37,990$37,990