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$95,144$95,144$144,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$48,856$0
Funding fee$476$476$0
Note rate3.23%3.23%7.24%
Blended rate3.23%5.188%7.48%
1st payment$480.78$480.78$981.36
2nd payment$0.00$366.42$0.00
Taxes / mo$75.67$75.67$75.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.80
HOA / mo$0.00$0.00$0.00
Total monthly$706.45$1,072.86$1,235.82
Cash to close$64,856$16,000$16,000