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$342,245$342,245$436,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$94,255$0
Funding fee$1,711$1,711$0
Note rate2.94%2.94%7.24%
Blended rate2.94%4.249%7.48%
1st payment$1,657.89$1,657.89$2,974.74
2nd payment$0.00$706.92$0.00
Taxes / mo$283.83$283.83$283.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,108.39$2,815.31$3,512.54
Cash to close$142,755$48,500$48,500