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$25,956$25,956$445,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$419,544$0
Funding fee$130$130$0
Note rate2.71%2.71%7.24%
Blended rate2.71%7.456%7.48%
1st payment$122.09$122.09$3,036.07
2nd payment$0.00$2,709.56$0.00
Taxes / mo$337.92$337.92$337.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$250.00$250.00$250.00
Total monthly$876.67$3,586.22$3,879.76
Cash to close$469,044$49,500$49,500