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$359,544$359,544$665,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$305,556$0
Funding fee$1,798$1,798$0
Note rate6.5%6.5%7.24%
Blended rate6.5%7.074%7.48%
1st payment$2,367.88$2,367.88$4,532.64
2nd payment$0.00$1,973.38$0.00
Taxes / mo$589.58$589.58$589.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$221.00$221.00$221.00
Total monthly$3,395.13$5,368.52$5,692.91
Cash to close$379,456$73,900$73,900