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$255,647$255,647$347,310
Remaining term (yrs)23.523.530.0
Secondary amount$0$91,663$0
Funding fee$1,278$1,278$0
Note rate3.45%3.45%7.24%
Blended rate3.45%4.915%7.48%
1st payment$1,321.36$1,321.36$2,366.91
2nd payment$0.00$687.48$0.00
Taxes / mo$474.00$474.00$474.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,945.36$2,632.83$3,060.37
Cash to close$130,253$38,590$38,590