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$375,611$375,611$405,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$29,389$0
Funding fee$1,878$1,878$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.417%7.48%
1st payment$1,785.32$1,785.32$2,760.07
2nd payment$0.00$220.42$0.00
Taxes / mo$122.42$122.42$122.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,057.74$2,278.16$3,113.48
Cash to close$74,389$45,000$45,000