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$118,187$118,187$458,100
Remaining term (yrs)16.316.330.0
Secondary amount$0$339,913$0
Funding fee$591$591$0
Note rate3.35%3.35%7.24%
Blended rate3.35%6.615%7.48%
1st payment$780.76$780.76$3,121.94
2nd payment$0.00$2,195.27$0.00
Taxes / mo$223.25$223.25$223.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,170.68$3,365.95$3,603.48
Cash to close$390,813$50,900$50,900