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$198,619$198,619$472,410
Remaining term (yrs)22.522.530.0
Secondary amount$0$273,791$0
Funding fee$993$993$0
Note rate4.27%4.27%7.24%
Blended rate4.27%6.287%7.48%
1st payment$1,143.43$1,143.43$3,219.47
2nd payment$0.00$1,768.23$0.00
Taxes / mo$225.42$225.42$225.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,535.51$3,303.74$3,706.03
Cash to close$326,281$52,490$52,490