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$250,121$250,121$440,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$189,979$0
Funding fee$1,251$1,251$0
Note rate2.5%2.5%7.24%
Blended rate2.5%4.874%7.48%
1st payment$1,164.68$1,164.68$2,999.27
2nd payment$0.00$1,266.52$0.00
Taxes / mo$229.50$229.50$229.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,560.85$2,827.37$3,483.46
Cash to close$238,879$48,900$48,900