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$315,900$315,900$562,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$246,600$0
Funding fee$1,579$1,579$0
Note rate2.9%2.9%7.24%
Blended rate2.9%5.026%7.48%
1st payment$1,520.13$1,520.13$3,833.43
2nd payment$0.00$1,592.63$0.00
Taxes / mo$300.33$300.33$300.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,987.13$3,579.76$4,412.93
Cash to close$309,100$62,500$62,500