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$298,616$298,616$327,600
Remaining term (yrs)25.525.530.0
Secondary amount$0$28,984$0
Funding fee$1,493$1,493$0
Note rate4.17%4.17%7.24%
Blended rate4.17%4.597%7.48%
1st payment$1,583.62$1,583.62$2,232.59
2nd payment$0.00$217.38$0.00
Taxes / mo$211.75$211.75$211.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.52
HOA / mo$0.00$0.00$0.00
Total monthly$1,945.37$2,162.75$2,659.86
Cash to close$65,384$36,400$36,400