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$316,400$316,400$382,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$66,100$0
Funding fee$1,582$1,582$0
Note rate2.89%2.89%7.24%
Blended rate2.89%3.946%7.48%
1st payment$1,517.29$1,517.29$2,606.73
2nd payment$0.00$495.75$0.00
Taxes / mo$117.33$117.33$117.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,784.62$2,280.37$2,950.56
Cash to close$108,600$42,500$42,500