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$228,708$228,708$634,500
Remaining term (yrs)19.019.030.0
Secondary amount$0$405,792$0
Funding fee$1,144$1,144$0
Note rate2.9%2.9%7.24%
Blended rate2.9%6.002%7.48%
1st payment$1,301.62$1,301.62$4,324.11
2nd payment$0.00$2,620.74$0.00
Taxes / mo$228.65$228.65$228.65
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$126.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,746.93$4,367.67$4,896.32
Cash to close$476,292$70,500$70,500