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$174,481$174,481$225,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$50,519$0
Funding fee$872$872$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.246%7.48%
1st payment$817.52$817.52$1,533.37
2nd payment$0.00$378.89$0.00
Taxes / mo$111.17$111.17$111.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,078.69$1,457.59$1,839.54
Cash to close$75,519$25,000$25,000