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$199,529$199,529$418,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$218,971$0
Funding fee$998$998$0
Note rate2.65%2.65%7.24%
Blended rate2.65%5.318%7.48%
1st payment$927.88$927.88$2,852.07
2nd payment$0.00$1,414.19$0.00
Taxes / mo$254.58$254.58$254.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$64.00$64.00$64.00
Total monthly$1,413.13$2,827.31$3,421.02
Cash to close$265,471$46,500$46,500