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$348,636$348,636$494,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$146,274$0
Funding fee$1,743$1,743$0
Note rate3.45%3.45%7.24%
Blended rate3.45%4.795%7.48%
1st payment$1,718.09$1,718.09$3,372.80
2nd payment$0.00$975.16$0.00
Taxes / mo$249.50$249.50$249.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,134.26$3,109.42$3,887.95
Cash to close$201,264$54,990$54,990