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$223,957$223,957$423,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$199,043$0
Funding fee$1,120$1,120$0
Note rate2.97%2.97%7.24%
Blended rate2.97%5.337%7.48%
1st payment$1,261.98$1,261.98$2,882.74
2nd payment$0.00$1,326.95$0.00
Taxes / mo$300.33$300.33$300.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$33.33$33.33$33.33
Total monthly$1,762.31$3,089.27$3,467.67
Cash to close$246,043$47,000$47,000