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$32,962$32,962$202,500
Remaining term (yrs)11.711.730.0
Secondary amount$0$169,538$0
Funding fee$165$165$0
Note rate5.92%5.92%7.24%
Blended rate5.92%7.661%7.48%
1st payment$324.99$324.99$1,380.03
2nd payment$0.00$1,130.25$0.00
Taxes / mo$106.42$106.42$106.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$404.00$404.00$404.00
Total monthly$985.40$2,115.65$2,080.95
Cash to close$192,038$22,500$22,500