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$73,691$73,691$256,500
Remaining term (yrs)9.49.430.0
Secondary amount$0$182,809$0
Funding fee$368$368$0
Note rate2.21%2.21%7.24%
Blended rate2.21%6.337%7.48%
1st payment$717.23$717.23$1,748.04
2nd payment$0.00$1,218.73$0.00
Taxes / mo$121.25$121.25$121.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$331.00$331.00$331.00
Total monthly$1,319.48$2,538.21$2,401.59
Cash to close$211,309$28,500$28,500