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$300,600$300,600$584,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$284,310$0
Funding fee$1,503$1,503$0
Note rate2.88%2.88%7.24%
Blended rate2.88%5.247%7.48%
1st payment$1,644.06$1,644.06$3,986.15
2nd payment$0.00$1,836.17$0.00
Taxes / mo$435.58$435.58$435.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,246.31$4,082.48$4,705.38
Cash to close$349,300$64,990$64,990