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$298,434$298,434$670,500
Remaining term (yrs)20.620.630.0
Secondary amount$0$372,066$0
Funding fee$1,492$1,492$0
Note rate4.05%4.05%7.24%
Blended rate4.05%6.103%7.48%
1st payment$1,778.33$1,778.33$4,569.45
2nd payment$0.00$2,402.93$0.00
Taxes / mo$483.75$483.75$483.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$104.00$104.00$104.00
Total monthly$2,582.75$4,985.68$5,507.96
Cash to close$446,566$74,500$74,500