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$371,795$371,795$422,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$51,115$0
Funding fee$1,859$1,859$0
Note rate2.81%2.81%7.24%
Blended rate2.81%3.558%7.48%
1st payment$1,750.90$1,750.90$2,882.12
2nd payment$0.00$383.36$0.00
Taxes / mo$256.75$256.75$256.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.32$2,557.68$3,390.12
Cash to close$98,105$46,990$46,990