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$275,508$275,508$368,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$93,402$0
Funding fee$1,378$1,378$0
Note rate2.84%2.84%7.24%
Blended rate2.84%4.4%7.48%
1st payment$1,283.68$1,283.68$2,514.11
2nd payment$0.00$700.51$0.00
Taxes / mo$204.58$204.58$204.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,638.26$2,338.78$2,942.48
Cash to close$134,392$40,990$40,990