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$215,081$215,081$234,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$31,919$0
Funding fee$1,075$1,075$0
Note rate6.26%6.26%7.24%
Blended rate6.26%6.986%7.48%
1st payment$1,387.20$1,387.20$1,594.71
2nd payment$0.00$315.87$0.00
Taxes / mo$96.17$96.17$96.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,633.36$1,949.23$1,887.67
Cash to close$44,919$13,000$26,000