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$192,775$192,775$369,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$176,225$0
Funding fee$964$964$0
Note rate3.16%3.16%7.24%
Blended rate3.16%5.471%7.48%
1st payment$958.02$958.02$2,514.73
2nd payment$0.00$1,174.84$0.00
Taxes / mo$142.08$142.08$142.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,250.11$2,424.94$2,880.61
Cash to close$217,225$41,000$41,000