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$315,286$315,286$423,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$107,714$0
Funding fee$1,576$1,576$0
Note rate3.16%3.16%7.24%
Blended rate3.16%4.392%7.48%
1st payment$1,570.53$1,570.53$2,882.74
2nd payment$0.00$718.10$0.00
Taxes / mo$338.92$338.92$338.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,076.11$2,794.21$3,472.92
Cash to close$154,714$47,000$47,000