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$243,697$243,697$441,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$197,303$0
Funding fee$1,218$1,218$0
Note rate2.71%2.71%7.24%
Blended rate2.71%5.077%7.48%
1st payment$1,143.46$1,143.46$3,005.41
2nd payment$0.00$1,315.35$0.00
Taxes / mo$360.75$360.75$360.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$60.00$60.00$60.00
Total monthly$1,730.88$3,046.23$3,681.02
Cash to close$246,303$49,000$49,000