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$312,146$312,146$562,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$250,354$0
Funding fee$1,561$1,561$0
Note rate4.02%4.02%7.24%
Blended rate4.02%5.68%7.48%
1st payment$1,977.45$1,977.45$3,833.43
2nd payment$0.00$1,616.87$0.00
Taxes / mo$336.92$336.92$336.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$71.67$71.67$71.67
Total monthly$2,552.70$4,169.57$4,521.18
Cash to close$312,854$62,500$62,500