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$348,072$348,072$396,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$47,928$0
Funding fee$1,740$1,740$0
Note rate6.49%6.49%7.24%
Blended rate6.49%6.794%7.48%
1st payment$2,249.84$2,249.84$2,698.73
2nd payment$0.00$359.46$0.00
Taxes / mo$146.83$146.83$146.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$13.00$13.00$13.00
Total monthly$2,559.67$2,919.13$3,087.77
Cash to close$91,928$44,000$44,000