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$250,982$250,982$540,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$289,018$0
Funding fee$1,255$1,255$0
Note rate2.87%2.87%7.24%
Blended rate2.87%5.482%7.48%
1st payment$1,201.00$1,201.00$3,680.09
2nd payment$0.00$1,866.57$0.00
Taxes / mo$723.17$723.17$723.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$45.33$45.33$45.33
Total monthly$2,136.17$4,002.74$4,723.25
Cash to close$349,018$60,000$60,000