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$294,808$294,808$562,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$267,692$0
Funding fee$1,474$1,474$0
Note rate2.8%2.8%7.24%
Blended rate2.8%5.156%7.48%
1st payment$1,400.16$1,400.16$3,833.43
2nd payment$0.00$1,728.84$0.00
Taxes / mo$212.67$212.67$212.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$5.58$5.58$5.58
Total monthly$1,785.07$3,513.92$4,330.84
Cash to close$330,192$62,500$62,500