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$297,822$297,822$342,900
Remaining term (yrs)23.123.130.0
Secondary amount$0$45,078$0
Funding fee$1,489$1,489$0
Note rate3.6%3.6%7.24%
Blended rate3.6%4.31%7.48%
1st payment$1,580.94$1,580.94$2,336.86
2nd payment$0.00$338.09$0.00
Taxes / mo$262.33$262.33$262.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,993.27$2,331.36$2,817.77
Cash to close$83,178$38,100$38,100