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$106,740$106,740$454,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$347,760$0
Funding fee$534$534$0
Note rate3.75%3.75%7.24%
Blended rate3.75%6.811%7.48%
1st payment$579.09$579.09$3,097.41
2nd payment$0.00$2,245.95$0.00
Taxes / mo$272.67$272.67$272.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$9.17$9.17$9.17
Total monthly$1,027.60$3,273.55$3,636.81
Cash to close$398,260$50,500$50,500