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$147,196$147,196$332,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$185,803$0
Funding fee$736$736$0
Note rate2.74%2.74%7.24%
Blended rate2.74%5.675%7.48%
1st payment$687.93$687.93$2,269.38
2nd payment$0.00$1,238.69$0.00
Taxes / mo$119.67$119.67$119.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$500.00$500.00$500.00
Total monthly$1,457.59$2,696.28$3,105.65
Cash to close$222,803$37,000$37,000