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$306,217$306,217$422,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$115,883$0
Funding fee$1,531$1,531$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.278%7.48%
1st payment$1,428.24$1,428.24$2,876.60
2nd payment$0.00$772.55$0.00
Taxes / mo$239.17$239.17$239.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$16.67$16.67$16.67
Total monthly$1,850.75$2,623.30$3,383.53
Cash to close$162,783$46,900$46,900