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$196,687$196,687$405,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$208,313$0
Funding fee$983$983$0
Note rate2.74%2.74%7.24%
Blended rate2.74%5.317%7.48%
1st payment$921.43$921.43$2,760.07
2nd payment$0.00$1,345.36$0.00
Taxes / mo$180.83$180.83$180.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,252.26$2,597.62$3,171.90
Cash to close$253,313$45,000$45,000