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$99,912$99,912$364,500
Remaining term (yrs)18.118.130.0
Secondary amount$0$264,588$0
Funding fee$500$500$0
Note rate4.04%4.04%7.24%
Blended rate4.04%6.733%7.48%
1st payment$647.63$647.63$2,484.06
2nd payment$0.00$1,708.79$0.00
Taxes / mo$251.58$251.58$251.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,049.21$2,758.01$2,958.54
Cash to close$305,088$40,500$40,500