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$175,045$175,045$215,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$40,865$0
Funding fee$875$875$0
Note rate2.71%2.71%7.24%
Blended rate2.71%3.9%7.48%
1st payment$819.35$819.35$1,471.42
2nd payment$0.00$306.48$0.00
Taxes / mo$146.08$146.08$146.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$351.00$351.00$351.00
Total monthly$1,466.43$1,772.91$2,161.69
Cash to close$64,855$23,990$23,990