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$290,695$290,695$382,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$91,805$0
Funding fee$1,453$1,453$0
Note rate2.25%2.25%7.24%
Blended rate2.25%3.87%7.48%
1st payment$1,270.97$1,270.97$2,606.73
2nd payment$0.00$688.54$0.00
Taxes / mo$150.00$150.00$150.00
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$1,570.97$2,259.51$2,983.23
Cash to close$134,305$42,500$42,500