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$181,089$181,089$396,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$214,911$0
Funding fee$905$905$0
Note rate2.86%2.86%7.24%
Blended rate2.86%5.514%7.48%
1st payment$1,030.42$1,030.42$2,698.73
2nd payment$0.00$1,387.96$0.00
Taxes / mo$385.67$385.67$385.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$37.50$37.50$37.50
Total monthly$1,603.59$2,991.55$3,351.10
Cash to close$258,911$44,000$44,000