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$236,890$236,890$359,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$123,020$0
Funding fee$1,184$1,184$0
Note rate3.62%3.62%7.24%
Blended rate3.62%5.117%7.48%
1st payment$1,262.92$1,262.92$2,452.78
2nd payment$0.00$820.14$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,594.00$2,414.13$2,855.85
Cash to close$163,010$39,990$39,990