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$370,650$370,650$418,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$47,850$0
Funding fee$1,853$1,853$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.668%7.48%
1st payment$1,761.74$1,761.74$2,852.07
2nd payment$0.00$358.87$0.00
Taxes / mo$410.50$410.50$410.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,338.91$2,697.78$3,512.94
Cash to close$94,350$46,500$46,500