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$136,329$136,329$176,400
Remaining term (yrs)24.724.730.0
Secondary amount$0$40,071$0
Funding fee$682$682$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.332%7.48%
1st payment$648.05$648.05$1,202.16
2nd payment$0.00$300.53$0.00
Taxes / mo$60.83$60.83$60.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.28
HOA / mo$418.00$418.00$418.00
Total monthly$1,276.88$1,577.41$1,866.28
Cash to close$59,671$19,600$19,600