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$221,888$221,888$665,910
Remaining term (yrs)17.317.330.0
Secondary amount$0$444,022$0
Funding fee$1,109$1,109$0
Note rate4.44%4.44%7.24%
Blended rate4.44%6.647%7.48%
1st payment$1,526.41$1,526.41$4,538.16
2nd payment$0.00$2,867.64$0.00
Taxes / mo$397.92$397.92$397.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,140.99$5,008.64$5,285.93
Cash to close$518,012$73,990$73,990