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$398,338$398,338$511,560
Remaining term (yrs)24.724.730.0
Secondary amount$0$113,222$0
Funding fee$1,992$1,992$0
Note rate2.93%2.93%7.24%
Blended rate2.93%4.052%7.48%
1st payment$1,883.03$1,883.03$3,486.27
2nd payment$0.00$754.81$0.00
Taxes / mo$294.92$294.92$294.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.31
HOA / mo$0.00$0.00$0.00
Total monthly$2,344.61$3,099.43$4,050.17
Cash to close$170,062$56,840$56,840