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$189,948$189,948$405,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$215,052$0
Funding fee$950$950$0
Note rate3.44%3.44%7.24%
Blended rate3.44%5.729%7.48%
1st payment$1,095.78$1,095.78$2,760.07
2nd payment$0.00$1,388.88$0.00
Taxes / mo$246.75$246.75$246.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,492.53$2,881.40$3,237.82
Cash to close$260,052$45,000$45,000