HQ Homes
Call Tony

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$259,711$259,711$495,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$235,289$0
Funding fee$1,299$1,299$0
Note rate2.87%2.87%7.24%
Blended rate2.87%5.19%7.48%
1st payment$1,219.67$1,219.67$3,373.42
2nd payment$0.00$1,519.58$0.00
Taxes / mo$303.83$303.83$303.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$100.00$100.00$100.00
Total monthly$1,790.17$3,309.74$4,042.92
Cash to close$290,289$55,000$55,000