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$161,497$161,497$297,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$135,503$0
Funding fee$807$807$0
Note rate3.04%3.04%7.24%
Blended rate3.04%5.303%7.48%
1st payment$774.40$774.40$2,024.05
2nd payment$0.00$903.35$0.00
Taxes / mo$106.42$106.42$106.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$8.33$8.33$8.33
Total monthly$1,039.14$1,942.49$2,348.20
Cash to close$168,503$33,000$33,000