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$203,804$203,804$396,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$192,196$0
Funding fee$1,019$1,019$0
Note rate2.5%2.5%7.24%
Blended rate2.5%5.169%7.48%
1st payment$909.94$909.94$2,698.73
2nd payment$0.00$1,281.31$0.00
Taxes / mo$439.08$439.08$439.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$138.00$138.00$138.00
Total monthly$1,637.02$2,918.33$3,505.02
Cash to close$236,196$44,000$44,000