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$351,491$351,491$517,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$166,009$0
Funding fee$1,757$1,757$0
Note rate2.25%2.25%7.24%
Blended rate2.25%4.095%7.48%
1st payment$1,560.27$1,560.27$3,526.75
2nd payment$0.00$1,106.73$0.00
Taxes / mo$330.33$330.33$330.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$58.00$58.00$58.00
Total monthly$2,115.27$3,222.00$4,185.25
Cash to close$223,509$57,500$57,500