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$311,158$311,158$360,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$48,842$0
Funding fee$1,556$1,556$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.797%7.48%
1st payment$1,485.72$1,485.72$2,453.39
2nd payment$0.00$366.32$0.00
Taxes / mo$143.08$143.08$143.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,778.81$2,145.12$2,818.48
Cash to close$88,842$40,000$40,000