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$173,532$173,532$414,000
Remaining term (yrs)20.320.330.0
Secondary amount$0$240,468$0
Funding fee$868$868$0
Note rate4.19%4.19%7.24%
Blended rate4.19%6.258%7.48%
1st payment$1,055.09$1,055.09$2,821.40
2nd payment$0.00$1,553.02$0.00
Taxes / mo$238.08$238.08$238.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,459.84$3,012.86$3,308.95
Cash to close$286,468$46,000$46,000