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$334,233$334,233$342,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$26,767$0
Funding fee$1,671$1,671$0
Note rate5.52%5.52%7.24%
Blended rate5.52%5.991%7.48%
1st payment$2,025.80$2,025.80$2,330.72
2nd payment$0.00$264.89$0.00
Taxes / mo$432.00$432.00$432.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$221.00$221.00$221.00
Total monthly$2,828.80$3,093.68$3,202.12
Cash to close$45,767$19,000$38,000