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$394,005$394,005$400,499
Remaining term (yrs)24.724.730.0
Secondary amount$0$28,744$0
Funding fee$1,970$1,970$0
Note rate3.02%3.02%7.24%
Blended rate3.02%3.622%7.48%
1st payment$1,880.94$1,880.94$2,729.39
2nd payment$0.00$284.44$0.00
Taxes / mo$316.25$316.25$316.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$310.00$310.00$310.00
Total monthly$2,657.19$2,941.63$3,585.74
Cash to close$50,994$22,250$44,500