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$118,568$118,568$346,500
Remaining term (yrs)17.717.730.0
Secondary amount$0$227,932$0
Funding fee$593$593$0
Note rate3.24%3.24%7.24%
Blended rate3.24%6.207%7.48%
1st payment$730.18$730.18$2,361.39
2nd payment$0.00$1,472.06$0.00
Taxes / mo$104.17$104.17$104.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$984.35$2,456.41$2,684.86
Cash to close$266,432$38,500$38,500