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$188,840$188,840$351,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$162,160$0
Funding fee$944$944$0
Note rate2.7%2.7%7.24%
Blended rate2.7%5.149%7.48%
1st payment$880.82$880.82$2,392.06
2nd payment$0.00$1,081.07$0.00
Taxes / mo$107.58$107.58$107.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$28.33$28.33$28.33
Total monthly$1,166.74$2,247.80$2,748.17
Cash to close$201,160$39,000$39,000