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$147,191$147,191$350,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$202,909$0
Funding fee$736$736$0
Note rate3.16%3.16%7.24%
Blended rate3.16%5.82%7.48%
1st payment$733.20$733.20$2,385.92
2nd payment$0.00$1,310.45$0.00
Taxes / mo$209.17$209.17$209.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$380.00$380.00$380.00
Total monthly$1,472.37$2,782.82$3,195.11
Cash to close$241,809$38,900$38,900