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$248,302$248,302$296,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$47,798$0
Funding fee$1,242$1,242$0
Note rate2.77%2.77%7.24%
Blended rate2.77%3.776%7.48%
1st payment$1,172.65$1,172.65$2,017.92
2nd payment$0.00$358.48$0.00
Taxes / mo$21.42$21.42$21.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,344.06$1,702.55$2,248.55
Cash to close$80,698$32,900$32,900