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$198,385$198,385$427,500
Remaining term (yrs)19.719.730.0
Secondary amount$0$229,115$0
Funding fee$992$992$0
Note rate2.5%2.5%7.24%
Blended rate2.5%5.314%7.48%
1st payment$1,061.51$1,061.51$2,913.40
2nd payment$0.00$1,479.70$0.00
Taxes / mo$259.75$259.75$259.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,487.92$2,967.63$3,425.32
Cash to close$276,615$47,500$47,500