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$265,702$265,702$355,499
Remaining term (yrs)24.524.530.0
Secondary amount$0$89,797$0
Funding fee$1,329$1,329$0
Note rate3.08%3.08%7.24%
Blended rate3.08%4.575%7.48%
1st payment$1,285.40$1,285.40$2,422.72
2nd payment$0.00$673.48$0.00
Taxes / mo$156.75$156.75$156.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$344.00$344.00$344.00
Total monthly$1,936.15$2,609.62$3,144.57
Cash to close$129,297$39,500$39,500