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$196,246$196,246$319,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$123,254$0
Funding fee$981$981$0
Note rate4.59%4.59%7.24%
Blended rate4.59%5.905%7.48%
1st payment$1,187.33$1,187.33$2,177.39
2nd payment$0.00$821.69$0.00
Taxes / mo$137.92$137.92$137.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$150.00$150.00$150.00
Total monthly$1,625.25$2,446.94$2,679.20
Cash to close$158,754$35,500$35,500