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$369,968$369,968$711,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$341,032$0
Funding fee$1,850$1,850$0
Note rate3.16%3.16%7.24%
Blended rate3.16%5.362%7.48%
1st payment$1,842.92$1,842.92$4,845.45
2nd payment$0.00$2,202.50$0.00
Taxes / mo$407.67$407.67$407.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.20
HOA / mo$45.83$45.83$45.83
Total monthly$2,513.08$4,715.58$5,657.82
Cash to close$420,032$79,000$79,000