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$293,097$293,097$355,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$62,403$0
Funding fee$1,465$1,465$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.02%7.48%
1st payment$1,429.67$1,429.67$2,422.73
2nd payment$0.00$468.02$0.00
Taxes / mo$96.67$96.67$96.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$4.08$4.08$4.08
Total monthly$1,680.42$2,148.44$2,744.57
Cash to close$101,903$39,500$39,500