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$250,316$250,316$341,550
Remaining term (yrs)28.428.430.0
Secondary amount$0$91,234$0
Funding fee$1,252$1,252$0
Note rate6.64%6.64%7.24%
Blended rate6.64%7.27%7.48%
1st payment$1,632.39$1,632.39$2,327.66
2nd payment$0.00$684.25$0.00
Taxes / mo$185.58$185.58$185.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.31
HOA / mo$30.00$30.00$30.00
Total monthly$1,997.97$2,682.22$2,761.55
Cash to close$129,184$37,950$37,950