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$48,449$48,449$252,000
Remaining term (yrs)13.913.930.0
Secondary amount$0$203,551$0
Funding fee$242$242$0
Note rate5.69%5.69%7.24%
Blended rate5.69%7.354%7.48%
1st payment$418.99$418.99$1,717.38
2nd payment$0.00$1,314.60$0.00
Taxes / mo$108.58$108.58$108.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$177.00$177.00$177.00
Total monthly$854.58$2,169.18$2,203.36
Cash to close$231,551$28,000$28,000