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$279,876$279,876$517,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$237,624$0
Funding fee$1,399$1,399$0
Note rate2.68%2.68%7.24%
Blended rate2.68%5.008%7.48%
1st payment$1,305.77$1,305.77$3,526.75
2nd payment$0.00$1,534.65$0.00
Taxes / mo$352.92$352.92$352.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,825.35$3,360.01$4,149.84
Cash to close$295,124$57,500$57,500