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$322,139$322,139$382,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$60,271$0
Funding fee$1,611$1,611$0
Note rate3.07%3.07%7.24%
Blended rate3.07%4.005%7.48%
1st payment$1,529.24$1,529.24$2,606.12
2nd payment$0.00$452.04$0.00
Taxes / mo$183.75$183.75$183.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,862.99$2,315.02$3,016.35
Cash to close$102,761$42,490$42,490