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
Current Market Conventional
New · Conventional
Loan amount$238,611$243,000
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,193$0
Note rate2.8%7.24%
Blended rate2.8%7.48%
1st payment$1,109.41$1,656.04
2nd payment$0.00$0.00
Taxes / mo$220.25$220.25
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$412.00$412.00
Total monthly$1,891.66$2,486.89
Cash to close$31,389$27,000