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$130,826$130,826$404,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$273,274$0
Funding fee$654$654$0
Note rate3.02%3.02%7.24%
Blended rate3.02%6.219%7.48%
1st payment$640.66$640.66$2,753.93
2nd payment$0.00$1,764.90$0.00
Taxes / mo$109.58$109.58$109.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$900.24$2,665.14$3,094.34
Cash to close$318,174$44,900$44,900