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$240,313$240,313$292,499
Remaining term (yrs)23.423.430.0
Secondary amount$0$52,187$0
Funding fee$1,202$1,202$0
Note rate3.47%3.47%7.24%
Blended rate3.47%4.457%7.48%
1st payment$1,247.50$1,247.50$1,993.38
2nd payment$0.00$391.40$0.00
Taxes / mo$87.67$87.67$87.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$290.00$290.00$290.00
Total monthly$1,775.16$2,166.56$2,579.54
Cash to close$84,686$32,500$32,500