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$244,277$244,277$297,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$52,723$0
Funding fee$1,221$1,221$0
Note rate3.02%3.02%7.24%
Blended rate3.02%4.082%7.48%
1st payment$1,193.40$1,193.40$2,024.05
2nd payment$0.00$395.43$0.00
Taxes / mo$147.08$147.08$147.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$290.00$290.00$290.00
Total monthly$1,780.48$2,175.90$2,670.53
Cash to close$85,723$33,000$33,000