HQ Homes
Call Tony

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$111,996$111,996$404,999
Remaining term (yrs)0.30.330.0
Secondary amount$0$293,003$0
Funding fee$560$560$0
Note rate10.25%10.25%7.24%
Blended rate10.25%8.441%7.48%
1st payment$22,976.40$22,976.40$2,760.06
2nd payment$0.00$1,892.31$0.00
Taxes / mo$162.58$162.58$162.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$23,288.99$25,181.30$3,153.64
Cash to close$338,003$45,000$45,000