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$234,339$234,339$440,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$205,761$0
Funding fee$1,172$1,172$0
Note rate2.7%2.7%7.24%
Blended rate2.7%5.061%7.48%
1st payment$1,101.04$1,101.04$2,999.27
2nd payment$0.00$1,328.87$0.00
Taxes / mo$252.75$252.75$252.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$39.33$39.33$39.33
Total monthly$1,559.79$2,888.66$3,546.04
Cash to close$254,661$48,900$48,900