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$321,321$321,321$405,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$83,679$0
Funding fee$1,607$1,607$0
Note rate3.05%3.05%7.24%
Blended rate3.05%4.279%7.48%
1st payment$1,525.34$1,525.34$2,760.07
2nd payment$0.00$627.59$0.00
Taxes / mo$326.67$326.67$326.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$33.00$33.00$33.00
Total monthly$2,035.01$2,662.60$3,350.73
Cash to close$128,679$45,000$45,000