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$198,869$198,869$274,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$75,631$0
Funding fee$994$994$0
Note rate3.72%3.72%7.24%
Blended rate3.72%5.175%7.48%
1st payment$1,063.57$1,063.57$1,870.71
2nd payment$0.00$567.23$0.00
Taxes / mo$150.92$150.92$150.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$386.00$386.00$386.00
Total monthly$1,750.49$2,317.72$2,612.53
Cash to close$106,131$30,500$30,500