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$247,777$247,777$531,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$283,223$0
Funding fee$1,239$1,239$0
Note rate2.87%2.87%7.24%
Blended rate2.87%5.473%7.48%
1st payment$1,160.95$1,160.95$3,618.76
2nd payment$0.00$1,829.15$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,644.45$3,473.60$4,208.46
Cash to close$342,223$59,000$59,000