HQ Homes
Call Tony

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$214,279$214,279$304,200
Remaining term (yrs)23.523.530.0
Secondary amount$0$89,921$0
Funding fee$1,071$1,071$0
Note rate3.65%3.65%7.24%
Blended rate3.65%5.231%7.48%
1st payment$1,130.32$1,130.32$2,073.12
2nd payment$0.00$674.41$0.00
Taxes / mo$192.08$192.08$192.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.84
HOA / mo$365.00$365.00$365.00
Total monthly$1,837.40$2,511.81$2,841.04
Cash to close$123,721$33,800$33,800