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$278,817$278,817$629,100
Remaining term (yrs)21.621.630.0
Secondary amount$0$350,283$0
Funding fee$1,394$1,394$0
Note rate2.98%2.98%7.24%
Blended rate2.98%5.636%7.48%
1st payment$1,456.86$1,456.86$4,287.30
2nd payment$0.00$2,262.24$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,940.36$4,202.60$4,896.62
Cash to close$420,183$69,900$69,900