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$348,475$348,475$562,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$214,025$0
Funding fee$1,742$1,742$0
Note rate3.7%3.7%7.24%
Blended rate3.7%5.241%7.48%
1st payment$1,864.15$1,864.15$3,833.43
2nd payment$0.00$1,382.24$0.00
Taxes / mo$521.42$521.42$521.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$41.67$41.67$41.67
Total monthly$2,593.90$3,976.15$4,675.68
Cash to close$276,525$62,500$62,500