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$64,074$64,074$368,910
Remaining term (yrs)6.56.530.0
Secondary amount$0$304,836$0
Funding fee$320$320$0
Note rate5.87%5.87%7.24%
Blended rate5.87%7.423%7.48%
1st payment$979.81$979.81$2,514.11
2nd payment$0.00$1,968.73$0.00
Taxes / mo$224.58$224.58$224.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,354.39$3,323.12$2,962.48
Cash to close$345,826$40,990$40,990