HQ Homes
Call Tony

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$297,893$297,893$445,410
Remaining term (yrs)24.124.130.0
Secondary amount$0$147,517$0
Funding fee$1,489$1,489$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.569%7.48%
1st payment$1,425.48$1,425.48$3,035.46
2nd payment$0.00$983.44$0.00
Taxes / mo$327.67$327.67$327.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.08
HOA / mo$333.00$333.00$333.00
Total monthly$2,252.81$3,236.26$3,951.88
Cash to close$197,007$49,490$49,490