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$281,384$281,384$328,499
Remaining term (yrs)27.227.230.0
Secondary amount$0$47,115$0
Funding fee$1,407$1,407$0
Note rate6.82%6.82%7.24%
Blended rate6.82%7.133%7.48%
1st payment$1,894.45$1,894.45$2,238.72
2nd payment$0.00$353.37$0.00
Taxes / mo$153.25$153.25$153.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,197.70$2,551.06$2,607.67
Cash to close$83,615$36,500$36,500