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$338,800$338,800$614,250
Remaining term (yrs)23.723.730.0
Secondary amount$0$275,450$0
Funding fee$1,694$1,694$0
Note rate3.1%3.1%7.24%
Blended rate3.1%5.185%7.48%
1st payment$1,681.08$1,681.08$4,186.10
2nd payment$0.00$1,778.95$0.00
Taxes / mo$147.33$147.33$147.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.85
HOA / mo$0.00$0.00$0.00
Total monthly$1,995.08$3,774.02$4,622.95
Cash to close$343,700$68,250$68,250