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$238,398$238,398$504,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$265,602$0
Funding fee$1,192$1,192$0
Note rate2.67%2.67%7.24%
Blended rate2.67%5.347%7.48%
1st payment$1,111.04$1,111.04$3,434.75
2nd payment$0.00$1,715.35$0.00
Taxes / mo$244.00$244.00$244.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$274.00$274.00$274.00
Total monthly$1,795.71$3,511.06$4,220.22
Cash to close$321,602$56,000$56,000