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$176,989$176,989$585,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$408,011$0
Funding fee$885$885$0
Note rate2.81%2.81%7.24%
Blended rate2.81%6.255%7.48%
1st payment$831.53$831.53$3,986.76
2nd payment$0.00$2,635.07$0.00
Taxes / mo$159.61$159.61$159.61
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,157.81$3,792.88$4,430.04
Cash to close$473,011$65,000$65,000