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$370,650$370,650$427,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$56,850$0
Funding fee$1,853$1,853$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.781%7.48%
1st payment$1,761.74$1,761.74$2,913.40
2nd payment$0.00$426.37$0.00
Taxes / mo$410.50$410.50$410.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,338.91$2,765.28$3,576.07
Cash to close$104,350$47,500$47,500