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$393,691$393,691$607,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$213,809$0
Funding fee$1,968$1,968$0
Note rate2.81%2.81%7.24%
Blended rate2.81%4.549%7.48%
1st payment$1,854.01$1,854.01$4,140.10
2nd payment$0.00$1,380.85$0.00
Taxes / mo$411.58$411.58$411.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,432.26$3,813.12$4,839.85
Cash to close$281,309$67,500$67,500