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$164,817$164,817$495,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$330,183$0
Funding fee$824$824$0
Note rate2.9%2.9%7.24%
Blended rate2.9%6.135%7.48%
1st payment$769.55$769.55$3,373.42
2nd payment$0.00$2,132.43$0.00
Taxes / mo$89.75$89.75$89.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,025.96$3,158.40$3,728.83
Cash to close$385,183$55,000$55,000