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$235,612$235,612$495,000
Remaining term (yrs)18.818.830.0
Secondary amount$0$259,388$0
Funding fee$1,178$1,178$0
Note rate2.98%2.98%7.24%
Blended rate2.98%5.48%7.48%
1st payment$1,359.09$1,359.09$3,373.42
2nd payment$0.00$1,675.21$0.00
Taxes / mo$279.75$279.75$279.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$40.00$40.00$40.00
Total monthly$1,845.50$3,520.72$3,958.83
Cash to close$314,388$55,000$55,000