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$49,993$49,993$328,500
Remaining term (yrs)5.25.230.0
Secondary amount$0$278,507$0
Funding fee$250$250$0
Note rate3.37%3.37%7.24%
Blended rate3.37%7.083%7.48%
1st payment$854.53$854.53$2,238.72
2nd payment$0.00$1,798.69$0.00
Taxes / mo$107.33$107.33$107.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,111.87$2,910.56$2,561.75
Cash to close$315,007$36,500$36,500