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$312,762$312,762$463,410
Remaining term (yrs)24.324.330.0
Secondary amount$0$150,648$0
Funding fee$1,564$1,564$0
Note rate2.25%2.25%7.24%
Blended rate2.25%4.119%7.48%
1st payment$1,388.35$1,388.35$3,158.13
2nd payment$0.00$1,004.32$0.00
Taxes / mo$269.17$269.17$269.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,824.19$2,828.50$3,686.65
Cash to close$202,138$51,490$51,490