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$184,848$184,848$359,999
Remaining term (yrs)24.224.230.0
Secondary amount$0$175,151$0
Funding fee$924$924$0
Note rate2.77%2.77%7.24%
Blended rate2.77%5.315%7.48%
1st payment$870.88$870.88$2,453.39
2nd payment$0.00$1,167.67$0.00
Taxes / mo$183.33$183.33$183.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$345.00$345.00$345.00
Total monthly$1,549.21$2,716.88$3,203.72
Cash to close$215,151$40,000$40,000