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$198,930$198,930$391,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$192,570$0
Funding fee$995$995$0
Note rate4.06%4.06%7.24%
Blended rate4.06%5.998%7.48%
1st payment$1,112.49$1,112.49$2,668.07
2nd payment$0.00$1,283.80$0.00
Taxes / mo$172.42$172.42$172.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,434.91$2,718.71$3,068.78
Cash to close$236,070$43,500$43,500