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$289,643$289,643$343,800
Remaining term (yrs)29.129.130.0
Secondary amount$0$54,157$0
Funding fee$1,448$1,448$0
Note rate6.22%6.22%7.24%
Blended rate6.22%6.658%7.48%
1st payment$1,795.27$1,795.27$2,342.99
2nd payment$0.00$406.18$0.00
Taxes / mo$187.08$187.08$187.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.76
HOA / mo$450.00$450.00$450.00
Total monthly$2,582.35$2,988.53$3,198.83
Cash to close$92,357$38,200$38,200