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$264,643$264,643$494,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$230,267$0
Funding fee$1,323$1,323$0
Note rate2.25%2.25%7.24%
Blended rate2.25%4.809%7.48%
1st payment$1,183.87$1,183.87$3,372.80
2nd payment$0.00$1,487.14$0.00
Taxes / mo$384.92$384.92$384.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$105.00$105.00$105.00
Total monthly$1,840.46$3,327.60$4,128.37
Cash to close$285,257$54,990$54,990