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$319,056$319,056$508,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$189,444$0
Funding fee$1,595$1,595$0
Note rate2.25%2.25%7.24%
Blended rate2.25%4.392%7.48%
1st payment$1,427.29$1,427.29$3,465.42
2nd payment$0.00$1,262.96$0.00
Taxes / mo$226.67$226.67$226.67
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,653.95$2,916.92$3,793.78
Cash to close$245,944$56,500$56,500