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$251,992$251,992$323,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$71,918$0
Funding fee$1,260$1,260$0
Note rate3.18%3.18%7.24%
Blended rate3.18%4.472%7.48%
1st payment$1,229.49$1,229.49$2,207.44
2nd payment$0.00$539.39$0.00
Taxes / mo$278.12$278.12$278.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$46.67$46.67$46.67
Total monthly$1,704.28$2,243.67$2,747.01
Cash to close$107,908$35,990$35,990