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$264,292$264,292$422,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$157,808$0
Funding fee$1,321$1,321$0
Note rate6.09%6.09%7.24%
Blended rate6.09%6.804%7.48%
1st payment$1,642.61$1,642.61$2,876.60
2nd payment$0.00$1,052.06$0.00
Taxes / mo$242.58$242.58$242.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$95.00$95.00$95.00
Total monthly$2,146.86$3,198.92$3,465.27
Cash to close$204,708$46,900$46,900