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$356,552$356,552$405,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$48,448$0
Funding fee$1,783$1,783$0
Note rate4.98%4.98%7.24%
Blended rate4.98%5.461%7.48%
1st payment$2,053.06$2,053.06$2,760.07
2nd payment$0.00$363.36$0.00
Taxes / mo$129.42$129.42$129.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,332.48$2,695.84$3,120.48
Cash to close$93,448$45,000$45,000