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$357,278$357,278$602,910
Remaining term (yrs)22.722.730.0
Secondary amount$0$245,632$0
Funding fee$1,786$1,786$0
Note rate3.8%3.8%7.24%
Blended rate3.8%5.409%7.48%
1st payment$1,952.36$1,952.36$4,108.82
2nd payment$0.00$1,586.37$0.00
Taxes / mo$320.42$320.42$320.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,439.44$4,025.82$4,716.49
Cash to close$312,622$66,990$66,990