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$267,774$267,774$526,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$258,726$0
Funding fee$1,339$1,339$0
Note rate3.88%3.88%7.24%
Blended rate3.88%5.782%7.48%
1st payment$1,555.27$1,555.27$3,588.09
2nd payment$0.00$1,670.94$0.00
Taxes / mo$448.42$448.42$448.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,170.36$3,841.29$4,308.47
Cash to close$317,226$58,500$58,500