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$291,380$291,380$345,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$54,220$0
Funding fee$1,457$1,457$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.026%7.48%
1st payment$1,387.80$1,387.80$2,355.26
2nd payment$0.00$406.65$0.00
Taxes / mo$130.42$130.42$130.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.12
HOA / mo$454.00$454.00$454.00
Total monthly$2,122.22$2,528.87$3,158.79
Cash to close$92,620$38,400$38,400