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$251,028$251,028$659,700
Remaining term (yrs)24.324.330.0
Secondary amount$0$408,672$0
Funding fee$1,255$1,255$0
Note rate2.74%2.74%7.24%
Blended rate2.74%5.844%7.48%
1st payment$1,176.00$1,176.00$4,495.84
2nd payment$0.00$2,639.34$0.00
Taxes / mo$201.25$201.25$201.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.94
HOA / mo$51.08$51.08$51.08
Total monthly$1,645.00$4,284.34$5,096.78
Cash to close$481,972$73,300$73,300