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$349,445$349,445$418,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$69,055$0
Funding fee$1,747$1,747$0
Note rate3.08%3.08%7.24%
Blended rate3.08%4.057%7.48%
1st payment$1,690.52$1,690.52$2,852.07
2nd payment$0.00$517.92$0.00
Taxes / mo$222.92$222.92$222.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,080.10$2,598.02$3,325.35
Cash to close$115,555$46,500$46,500