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$232,595$232,595$341,010
Remaining term (yrs)24.024.030.0
Secondary amount$0$108,415$0
Funding fee$1,163$1,163$0
Note rate2.9%2.9%7.24%
Blended rate2.9%4.521%7.48%
1st payment$1,119.26$1,119.26$2,323.98
2nd payment$0.00$722.77$0.00
Taxes / mo$292.67$292.67$292.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.20
HOA / mo$180.00$180.00$180.00
Total monthly$1,741.93$2,464.70$3,014.85
Cash to close$146,305$37,890$37,890