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$338,967$338,967$351,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$31,533$0
Funding fee$1,695$1,695$0
Note rate3.08%3.08%7.24%
Blended rate3.08%3.829%7.48%
1st payment$1,639.83$1,639.83$2,392.06
2nd payment$0.00$312.04$0.00
Taxes / mo$267.83$267.83$267.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,057.67$2,369.71$2,880.09
Cash to close$51,033$19,500$39,000