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$151,032$151,032$474,300
Remaining term (yrs)16.316.330.0
Secondary amount$0$323,268$0
Funding fee$755$755$0
Note rate3.41%3.41%7.24%
Blended rate3.41%6.368%7.48%
1st payment$1,002.23$1,002.23$3,232.35
2nd payment$0.00$2,087.77$0.00
Taxes / mo$369.33$369.33$369.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.86
HOA / mo$13.25$13.25$13.25
Total monthly$1,551.48$3,639.25$3,876.46
Cash to close$375,968$52,700$52,700