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$375,020$375,020$424,800
Remaining term (yrs)28.528.530.0
Secondary amount$0$49,780$0
Funding fee$1,875$1,875$0
Note rate6.62%6.62%7.24%
Blended rate6.62%6.899%7.48%
1st payment$2,438.33$2,438.33$2,895.00
2nd payment$0.00$373.35$0.00
Taxes / mo$147.75$147.75$147.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.96
HOA / mo$28.92$28.92$28.92
Total monthly$2,781.66$3,155.01$3,323.30
Cash to close$96,980$47,200$47,200