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$193,984$193,984$234,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$40,016$0
Funding fee$970$970$0
Note rate3.51%3.51%7.24%
Blended rate3.51%4.449%7.48%
1st payment$1,015.76$1,015.76$1,594.71
2nd payment$0.00$300.12$0.00
Taxes / mo$114.33$114.33$114.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,280.09$1,580.21$1,905.84
Cash to close$66,016$26,000$26,000