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$85,321$85,321$414,000
Remaining term (yrs)8.18.130.0
Secondary amount$0$328,679$0
Funding fee$427$427$0
Note rate5%5%7.24%
Blended rate5%7.183%7.48%
1st payment$1,062.23$1,062.23$2,821.40
2nd payment$0.00$2,122.72$0.00
Taxes / mo$265.08$265.08$265.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$150.00$150.00$150.00
Total monthly$1,643.98$3,766.69$3,485.95
Cash to close$374,679$46,000$46,000