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$226,299$226,299$512,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$286,611$0
Funding fee$1,131$1,131$0
Note rate3.75%3.75%7.24%
Blended rate3.75%5.985%7.48%
1st payment$1,227.74$1,227.74$3,495.47
2nd payment$0.00$1,851.03$0.00
Taxes / mo$344.83$344.83$344.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,739.24$3,590.27$4,109.55
Cash to close$343,601$56,990$56,990