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$299,033$299,033$319,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$38,217$0
Funding fee$1,495$1,495$0
Note rate2.8%2.8%7.24%
Blended rate2.8%3.828%7.48%
1st payment$1,387.14$1,387.14$2,177.39
2nd payment$0.00$378.19$0.00
Taxes / mo$108.17$108.17$108.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,645.31$2,023.49$2,499.45
Cash to close$55,967$17,750$35,500