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$296,418$296,418$445,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$149,082$0
Funding fee$1,482$1,482$0
Note rate3.77%3.77%7.24%
Blended rate3.77%5.186%7.48%
1st payment$1,607.65$1,607.65$3,036.07
2nd payment$0.00$993.88$0.00
Taxes / mo$297.33$297.33$297.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$41.67$41.67$41.67
Total monthly$2,113.32$3,107.20$3,630.84
Cash to close$198,582$49,500$49,500