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$306,149$306,149$387,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$80,851$0
Funding fee$1,531$1,531$0
Note rate3.33%3.33%7.24%
Blended rate3.33%4.515%7.48%
1st payment$1,563.04$1,563.04$2,637.40
2nd payment$0.00$606.38$0.00
Taxes / mo$461.17$461.17$461.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$138.00$138.00$138.00
Total monthly$2,312.21$2,918.59$3,463.96
Cash to close$123,851$43,000$43,000