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$352,063$352,063$359,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$27,842$0
Funding fee$1,760$1,760$0
Note rate3.08%3.08%7.24%
Blended rate3.08%3.725%7.48%
1st payment$1,699.34$1,699.34$2,452.78
2nd payment$0.00$275.52$0.00
Taxes / mo$138.67$138.67$138.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,988.00$2,263.53$2,813.43
Cash to close$47,837$19,995$39,990