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$363,894$363,894$422,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$59,016$0
Funding fee$1,819$1,819$0
Note rate3.1%3.1%7.24%
Blended rate3.1%3.923%7.48%
1st payment$1,729.42$1,729.42$2,882.12
2nd payment$0.00$442.62$0.00
Taxes / mo$321.42$321.42$321.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,217.50$2,660.12$3,454.79
Cash to close$106,006$46,990$46,990