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$164,438$164,438$378,000
Remaining term (yrs)18.618.630.0
Secondary amount$0$213,562$0
Funding fee$822$822$0
Note rate3.67%3.67%7.24%
Blended rate3.67%5.975%7.48%
1st payment$1,015.12$1,015.12$2,576.06
2nd payment$0.00$1,379.26$0.00
Taxes / mo$222.33$222.33$222.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,387.45$2,766.71$3,024.00
Cash to close$255,562$42,000$42,000