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$344,597$344,597$517,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$172,903$0
Funding fee$1,723$1,723$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.757%7.48%
1st payment$1,711.16$1,711.16$3,526.75
2nd payment$0.00$1,152.69$0.00
Taxes / mo$511.50$511.50$511.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$18.33$18.33$18.33
Total monthly$2,407.66$3,560.34$4,326.75
Cash to close$230,403$57,500$57,500