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$288,377$288,377$400,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$112,123$0
Funding fee$1,442$1,442$0
Note rate2.6%2.6%7.24%
Blended rate2.6%4.112%7.48%
1st payment$1,333.76$1,333.76$2,729.40
2nd payment$0.00$747.49$0.00
Taxes / mo$159.08$159.08$159.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,642.84$2,390.33$3,118.58
Cash to close$156,623$44,500$44,500