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$122,437$122,437$179,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$56,663$0
Funding fee$612$612$0
Note rate3.08%3.08%7.24%
Blended rate3.08%4.953%7.48%
1st payment$590.98$590.98$1,220.56
2nd payment$0.00$424.97$0.00
Taxes / mo$114.12$114.12$114.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.82
HOA / mo$315.00$315.00$315.00
Total monthly$1,170.10$1,595.07$1,835.50
Cash to close$76,563$19,900$19,900