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$248,072$248,072$315,000
Remaining term (yrs)21.021.030.0
Secondary amount$0$66,928$0
Funding fee$1,240$1,240$0
Note rate3.83%3.83%7.24%
Blended rate3.83%4.928%7.48%
1st payment$1,430.59$1,430.59$2,146.72
2nd payment$0.00$501.96$0.00
Taxes / mo$256.50$256.50$256.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$464.00$464.00$464.00
Total monthly$2,301.09$2,803.05$3,080.22
Cash to close$101,928$35,000$35,000