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$298,378$298,378$355,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$57,122$0
Funding fee$1,492$1,492$0
Note rate2.84%2.84%7.24%
Blended rate2.84%3.83%7.48%
1st payment$1,390.24$1,390.24$2,422.73
2nd payment$0.00$428.41$0.00
Taxes / mo$199.33$199.33$199.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,739.57$2,167.98$2,843.16
Cash to close$96,622$39,500$39,500