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$335,811$335,811$414,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$78,189$0
Funding fee$1,679$1,679$0
Note rate2.94%2.94%7.24%
Blended rate2.94%4.085%7.48%
1st payment$1,619.01$1,619.01$2,821.40
2nd payment$0.00$586.42$0.00
Taxes / mo$474.08$474.08$474.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,259.76$2,846.17$3,544.95
Cash to close$124,189$46,000$46,000