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$236,162$236,162$265,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$29,338$0
Funding fee$1,181$1,181$0
Note rate6.9%6.9%7.24%
Blended rate6.9%7.132%7.48%
1st payment$1,626.74$1,626.74$1,809.38
2nd payment$0.00$220.03$0.00
Taxes / mo$213.17$213.17$213.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$445.00$445.00$445.00
Total monthly$2,434.91$2,654.94$2,670.64
Cash to close$58,838$29,500$29,500