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$118,270$118,270$139,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$28,980$0
Funding fee$591$591$0
Note rate3.72%3.72%7.24%
Blended rate3.72%5.325%7.48%
1st payment$632.52$632.52$950.69
2nd payment$0.00$286.79$0.00
Taxes / mo$109.33$109.33$109.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$27.90
HOA / mo$356.00$356.00$356.00
Total monthly$1,247.85$1,534.64$1,593.92
Cash to close$36,730$7,750$15,500