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$210,654$210,654$387,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$176,346$0
Funding fee$1,053$1,053$0
Note rate3.09%3.09%7.24%
Blended rate3.09%5.327%7.48%
1st payment$1,002.21$1,002.21$2,637.40
2nd payment$0.00$1,175.64$0.00
Taxes / mo$262.67$262.67$262.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,414.88$2,590.52$3,127.46
Cash to close$219,346$43,000$43,000