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$233,747$233,747$476,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$242,353$0
Funding fee$1,169$1,169$0
Note rate3.02%3.02%7.24%
Blended rate3.02%5.428%7.48%
1st payment$1,141.96$1,141.96$3,244.61
2nd payment$0.00$1,565.20$0.00
Taxes / mo$214.83$214.83$214.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,523.46$3,088.65$3,721.33
Cash to close$295,253$52,900$52,900