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$199,397$199,397$243,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$43,603$0
Funding fee$997$997$0
Note rate2.96%2.96%7.24%
Blended rate2.96%4.044%7.48%
1st payment$945.69$945.69$1,656.04
2nd payment$0.00$327.02$0.00
Taxes / mo$88.05$88.05$88.05
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$375.00$375.00$375.00
Total monthly$1,558.74$1,885.76$2,317.69
Cash to close$70,603$27,000$27,000