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$255,110$255,110$490,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$235,390$0
Funding fee$1,276$1,276$0
Note rate2.89%2.89%7.24%
Blended rate2.89%5.222%7.48%
1st payment$1,226.30$1,226.30$3,342.75
2nd payment$0.00$1,520.23$0.00
Taxes / mo$147.00$147.00$147.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,539.97$3,060.19$3,754.52
Cash to close$289,890$54,500$54,500