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$247,308$247,308$494,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$246,792$0
Funding fee$1,237$1,237$0
Note rate2.77%2.77%7.24%
Blended rate2.77%5.257%7.48%
1st payment$1,146.04$1,146.04$3,367.28
2nd payment$0.00$1,593.87$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,629.54$3,223.41$3,949.60
Cash to close$301,692$54,900$54,900