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$340,563$340,563$405,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$64,437$0
Funding fee$1,703$1,703$0
Note rate2.88%2.88%7.24%
Blended rate2.88%3.854%7.48%
1st payment$1,590.19$1,590.19$2,760.07
2nd payment$0.00$483.28$0.00
Taxes / mo$216.42$216.42$216.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$46.67$46.67$46.67
Total monthly$2,003.28$2,486.56$3,254.15
Cash to close$109,437$45,000$45,000