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$70,134$70,134$270,000
Remaining term (yrs)13.113.130.0
Secondary amount$0$199,866$0
Funding fee$351$351$0
Note rate4.9%4.9%7.24%
Blended rate4.9%7.195%7.48%
1st payment$603.25$603.25$1,840.04
2nd payment$0.00$1,332.44$0.00
Taxes / mo$108.58$108.58$108.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$861.83$2,194.27$2,152.63
Cash to close$229,866$30,000$30,000