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$267,837$267,837$360,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$92,163$0
Funding fee$1,339$1,339$0
Note rate3.45%3.45%7.24%
Blended rate3.45%4.871%7.48%
1st payment$1,384.36$1,384.36$2,453.39
2nd payment$0.00$691.22$0.00
Taxes / mo$327.00$327.00$327.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$45.00$45.00$45.00
Total monthly$1,906.36$2,597.59$3,047.39
Cash to close$132,163$40,000$40,000