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$204,689$204,689$337,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$132,811$0
Funding fee$1,023$1,023$0
Note rate2.94%2.94%7.24%
Blended rate2.94%4.931%7.48%
1st payment$991.55$991.55$2,300.06
2nd payment$0.00$885.41$0.00
Taxes / mo$247.42$247.42$247.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$325.00$325.00$325.00
Total monthly$1,713.97$2,599.37$3,089.97
Cash to close$170,311$37,500$37,500