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$277,370$277,370$345,510
Remaining term (yrs)26.726.730.0
Secondary amount$0$68,140$0
Funding fee$1,387$1,387$0
Note rate6.71%6.71%7.24%
Blended rate6.71%7.162%7.48%
1st payment$1,859.76$1,859.76$2,354.64
2nd payment$0.00$511.05$0.00
Taxes / mo$208.00$208.00$208.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.10
HOA / mo$55.42$55.42$55.42
Total monthly$2,273.18$2,784.23$2,837.17
Cash to close$106,530$38,390$38,390