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$246,681$246,681$472,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$225,819$0
Funding fee$1,233$1,233$0
Note rate2.71%2.71%7.24%
Blended rate2.71%5.119%7.48%
1st payment$1,157.46$1,157.46$3,220.08
2nd payment$0.00$1,458.42$0.00
Taxes / mo$269.25$269.25$269.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$47.92$47.92$47.92
Total monthly$1,641.29$3,099.71$3,798.42
Cash to close$278,319$52,500$52,500